Gallant Precision Machining Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 04, 2021 at 01:48 pm
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Gallant Precision Machining Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 1,065.313 million compared to TWD 638.643 million a year ago. Operating income was TWD 70.794 million compared to operating loss of TWD 43.170 million a year ago. Net income was TWD 61.866 million compared to net loss of TWD 25.017 million a year ago. Basic earnings per share was TWD 0.39 compared to basic loss per share of TWD 0.15 a year ago.
Gallant Precision Machining Co., Ltd. is a Taiwan-based company principally engaged in the design, manufacture and sales of display process equipment, semiconductor process equipment and intelligent automation equipment. The Company provides integrated circuit (IC) packaging front-end equipment, IC packaging back-end equipment, as well as thin film transistor (TFT)-LCD, organic light-emitting diode (OLED), three dimensions (3D) displays and touch panel equipment. The Company also provides manufacture and test equipment for solar panels, as well as automation handling systems and others. The Company distributes its products in domestic market and to overseas markets.
GALLANT PRECISION MACHINING CO., LTD. 
