Roundtop Machinery Industries Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 11:54 am
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Roundtop Machinery Industries Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 62.524 million compared to TWD 160.927 million a year ago. Operating income was TWD 2.528 million compared to TWD 29.901 million a year ago. Net loss was TWD 14.510 million compared to net income of TWD 29.493 million a year ago. Basic loss per share was TWD 0.17 compared to basic earnings per share of TWD 0.35 a year ago. Diluted loss per share was TWD 0.17 compared to diluted earnings per share of TWD 0.34 a year ago. For the nine months, total revenue was TWD 192.304 million compared to TWD 511.472 million a year ago. Operating loss was TWD 10.013 million compared to operating Income of TWD 106.458 million a year ago. Net loss was TWD 32.868 million compared to net income of TWD 143.445 million a year ago. Basic loss per share was TWD 0.38 compared to basic earnings per share of TWD 1.68 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.