Chien Wei Precise Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 30, 2020 at 04:56 pm IST
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Chien Wei Precise Technology Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 326.248 million compared to TWD 426.161 million a year ago. Operating loss was TWD 31.399 million compared to TWD 3.144 million a year ago. Net loss was TWD 34.864 million compared to net income of TWD 1.298 million a year ago. Basic loss per share was TWD 0.9 compared to basic earnings per share of TWD 0.03 a year ago.
CHIEN WEI PRECISE TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of precise molds, measure equipment, processing equipment, as well as other precise parts and components. Its processing equipment includes machine tools, jig grinders and computer numerical control (CNC) vertical grinders. The Company's precise molds are used for manufacturing of semiconductors, compact disks (CDs) and optoelectronic products. The measure equipment is used in integrated circuit (IC) component industry, semiconductor related industry, printed circuit board (PCB) industry, precise molds industry and mechanical component processing industry. The other precise components include parts, components and precise materials used for machines and equipment. The Company distributes its products in domestic market and to other Asia markets.
CHIEN WEI PRECISE TECHNOLOGY CO., LTD. 
