Awea Mechantronic Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 14, 2019 at 12:15 am IST
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Awea Mechantronic Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 837.696 million compared to TWD 1,080.487 million a year ago. Operating income was TWD 73.723 million compared to TWD 84.210 million a year ago. Net income was TWD 53.988 million compared to TWD 54.033 million a year ago. Basic earnings per share was TWD 0.56 compared to TWD 0.56 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.