Roundtop Machinery Industries Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 08, 2018 at 12:21 pm
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Roundtop Machinery Industries Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 188.139 million compared to TWD 151.697 million a year ago. Operating income was TWD 37.270 million compared to TWD 26.767 million a year ago. Net income was TWD 23.049 million compared to TWD 38.554 million a year ago. Basic earnings per share was TWD 0.27 compared to TWD 0.45 a year ago.
For the nine months, sales was TWD 418.325 million compared to TWD 451.365 million a year ago. Operating income was TWD 68.312 million compared to TWD 71.234 million a year ago. Net income was TWD 97.639 million compared to TWD 43.393 million a year ago. Basic earnings per share was TWD 1.14 compared to TWD 0.51 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.