Taiwan Takisawa Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 01:43 pm EDT
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Taiwan TAKISAWA Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 686.119 million compared to TWD 867.962 million a year ago. Operating income was TWD 47.231 million compared to TWD 85.689 million a year ago. Net income was TWD 39.302 million compared to TWD 91.801 million a year ago. Basic earnings per share was TWD 0.54 compared to TWD 1.27 a year ago. Diluted earnings per share was TWD 0.54 compared to TWD 1.26 a year ago. For the half year, sales was TWD 1,342.323 million compared to TWD 1,654.842 million a year ago. Operating income was TWD 105.882 million compared to TWD 176.249 million a year ago. Net income was TWD 92.837 million compared to TWD 163.822 million a year ago. Basic earnings per share was TWD 1.28 compared to TWD 2.26 a year ago. Diluted earnings per share was TWD 1.28 compared to TWD 2.25 a year ago.
TAIWAN TAKISAWA TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of mechanical equipment and other electrical and electronic machinery and equipment. The Company's main products include computer numerical control (CNC) lathes, original equipment manufacturer (OEM) production lathes, printed circuit board (PCB) drilling machines, high-speed precision lathes and others. The Company's products are mainly used in automobiles, aerospace, national defense, as well as computer, communications and consumer electronics (3C) products. The Company distributes its products in domestic market to overseas markets, including the rest areas of Asia, Europe, the Americas and others.