Roundtop Machinery Industries Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 04:27 pm
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Roundtop Machinery Industries Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 30.010 million compared to TWD 192.944 million a year ago. Operating loss was TWD 15.572 million compared to operating Income of TWD 46.440 million a year ago. Net loss was TWD 38.825 million compared to net income of TWD 62.351 million a year ago. Basic loss per share was TWD 0.45 compared to basic earnings per share of TWD 0.73 a year ago. For the half year, total revenue was TWD 129.780 million compared to TWD 350.545 million a year ago. Operating loss was TWD 12.541 million compared to operating Income of TWD 76.557 million a year ago. Net loss was TWD 18.358 million compared to net income of TWD 113.952 million a year ago. Basic loss per share was TWD 0.21 compared to basic earnings per share of TWD 1.33 a year ago.
Roundtop Machinery Industries Co Ltd is a Taiwan-based company principally engaged in the manufacture and sales of machining centers and computer numerical control (CNC) lathes. The Company's primary products include vertical machining center (VMC) series, high-speed vertical machining centers, horizontal boring and milling centers, horizontal and vertical machining centers, double column multi-axis machining centers, slant-bed CNC super lathes, super turning centers, turing centers, great turning centers and vertical turing centers. The Company mainly distributes its products in Asia, the Americas and Europe.