Fine Blanking & Tool Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 12:23 pm EST
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Fine Blanking & Tool Co. Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 597.944 million compared to TWD 615.314 million a year ago. Operating income was TWD 40.637 million compared to TWD 46.480 million a year ago. Net income was TWD 25.256 million compared to TWD 22.072 million a year ago. Basic earnings per share was TWD 0.34 compared to TWD 0.29 a year ago. For the nine months, sales was TWD 1,485.951 million compared to TWD 1,734.930 million a year ago. Operating income was TWD 100.503 million compared to TWD 112.481 million a year ago. Net income was TWD 60.198 million compared to TWD 54.361 million a year ago. Basic earnings per share was TWD 0.8 compared to TWD 0.72 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.