Jenn Feng Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021 at 06:36 pm
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Jenn Feng Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 71.605 million compared to TWD 75.148 million a year ago. Operating loss was TWD 17.707 million compared to TWD 17.743 million a year ago. Net loss was TWD 13.308 million compared to TWD 7.608 million a year ago. Basic loss per share from continuing operations was TWD 0.5 compared to TWD 0.36 a year ago. For the half year, sales was TWD 132.932 million compared to TWD 130.536 million a year ago. Operating loss was TWD 37.155 million compared to TWD 44.916 million a year ago. Net loss was TWD 30.103 million compared to net income of TWD 72.917 million a year ago. Basic loss per share from continuing operations was TWD 1.14 compared to basic earnings per share from continuing operations of TWD 3.41 a year ago.
Jenn Feng Industrial Tools Co Ltd is a Taiwan-based company principally engaged in the manufacture and sale of electrical tools and lamps. The main products include electric drills, grinding machines, automotive lamps and other components. Electric drills are mainly used for drilling, drilling, or screw locking in woodworking materials, metal, and cement walls. The grinding machines are mainly used for surface polishing of woodworking and metal materials. Automobile lamps are mainly used for reading lighting on the car to improve the visibility of the car at night or in bad weather. The Company also provides replacement of damaged hand tool parts.
JENN FENG INDUSTRIAL TOOLS CO., LTD. 
