Fu Chun Shin Machinery Manufacture Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 10:18 am
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Fu Chun Shin Machinery Manufacture Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 817.066 million compared to TWD 940.681 million a year ago. Operating loss was TWD 9.771 million compared to operating Income of TWD 40.196 million a year ago. Net income was TWD 860,000 compared to TWD 39.376 million a year ago. Basic earnings per share was TWD 0.01 compared to TWD 0.28 a year ago. Diluted earnings per share was TWD 0.01 compared to TWD 0.26 a year ago. For the half year, sales was TWD 1,621.469 million compared to TWD 1,705.413 million a year ago. Operating income was TWD 15.211 million compared to TWD 89.544 million a year ago. Net income was TWD 17.429 million compared to TWD 54.927 million a year ago. Basic earnings per share was TWD 0.12 compared to TWD 0.38 a year ago. Diluted earnings per share was TWD 0.12 compared to TWD 0.35 a year ago.
FU CHUN SHIN MACHINERY MANUFACTURE CO., LTD. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of plastic injection molding machines. The Company's main products include electronic precision component ejectors of computers, communications and consumer electronics (3C) products, liquid crystal display (LCD) ejectors, cables, light guide plates and others. The Company is also involved in the manufacture of auto parts, electronic parts and other plastic products. The Company distributes its products in domestic market and to overseas markets, including mainland China and others.