Fine Blanking & Tool Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 04:34 pm EDT
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Fine Blanking & Tool Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was TWD 567.882 million compared to TWD 745.378 million a year ago. Operating income was TWD 31.388 million compared to TWD 60.039 million a year ago. Net income was TWD 16.010 million compared to TWD 52.592 million a year ago. Basic earnings per share was TWD 0.21 compared to TWD 0.7 a year ago. For the half year, total revenue was TWD 1,119.616 million compared to TWD 1,550.701 million a year ago. Operating income was TWD 66.001 million compared to TWD 137.409 million a year ago. Net income was TWD 32.289 million compared to TWD 94.810 million a year ago. Basic earnings per share was TWD 0.43 compared to TWD 1.25 a year ago.
FINE BLANKING & TOOL CO., LTD. is a Taiwan-based company principally engaged in the research, development, design, manufacture and sales of metal stamping components of automobiles, motorcycles, bicycles and special vehicles. The Company's main products include precision stampings, brake discs, steam locomotive seats and seat recliners, gears and others. The Company distributes its products in domestic market and to overseas markets, such as the rest areas of Asia, the Americas and Europe.