Awea mechantronic co.,ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
May 13, 2022 at 03:29 pm EDT
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Awea mechantronic co.,ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 625.41 million compared to TWD 803.99 million a year ago. Net income was TWD 62.49 million compared to TWD 23.73 million a year ago. Basic earnings per share from continuing operations was TWD 0.65 compared to TWD 0.25 a year ago. Diluted earnings per share from continuing operations was TWD 0.64 compared to TWD 0.24 a year ago.
AWEA MECHANTRONIC CO., LTD. is a Taiwan-based company principally engaged in the design, manufacture and sales of computer numerical control (CNC) machine tools. The company's main products include the gantry-type vertical machining centers, as well as the C-type vertical machining centers. In addition, the Company is also involved in the provision of related maintenance services, as well as the trading of parts and components. Its products are mainly used in industries such as aerospace, national defense, automobile, mechanical, metal processing and electronics. The Company mainly distributes its products in domestic market and to overseas markets.