FineTek Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023
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FineTek Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 334.19 million compared to TWD 337.57 million a year ago. Net income was TWD 68.02 million compared to TWD 100.16 million a year ago. Basic earnings per share from continuing operations was TWD 1.2432 compared to TWD 1.8342 a year ago. Diluted earnings per share from continuing operations was TWD 1.2432 compared to TWD 1.8261 a year ago.
For the six months, sales was TWD 668.5 million compared to TWD 632.25 million a year ago. Net income was TWD 120.92 million compared to TWD 161.51 million a year ago. Basic earnings per share from continuing operations was TWD 2.2072 compared to TWD 2.9543 a year ago. Diluted earnings per share from continuing operations was TWD 2.1982 compared to TWD 2.9462 a year ago.
FineTek Co.,Ltd. is a Taiwan-based company principally engaged in provision of automation devices and meters. The Companyâs main products portfolio consists of process automation sensors and electric machine pneumatic control components. Its process automation sensors include point level sensors, level sensors, flow switches, panel meters and others, which are applied for monitoring and control of temperature, pressure, electricity, instrument and meter, liquid, solid, flux and others. Its electric machine pneumatic control components include controllers, pneumatic components, pollution control components and others. The Company distributes its products within domestic market and to overseas markets.
FINETEK CO., LTD. 
