Chiu Ting Machinery Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 13, 2021 at 02:06 am IST
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Chiu Ting Machinery Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 739.407 million compared to TWD 489.625 million a year ago. Operating income was TWD 52.457 million compared to TWD 31.888 million a year ago. Net income was TWD 9.635 million compared to net loss of TWD 10.478 million a year ago. Basic earnings per share from continuing operations was TWD 0.15 compared to basic loss per share from continuing operations of TWD 0.16 a year ago. For the half year, sales was TWD 1,354.785 million compared to TWD 944.777 million a year ago. Operating income was TWD 82.487 million compared to TWD 50.903 million a year ago. Net income was TWD 18.567 million compared to TWD 16.970 million a year ago. Basic earnings per share from continuing operations was TWD 0.28 compared to TWD 0.26 a year ago.
CHIU TING MACHINERY CO., LTD. is a Taiwan-based company principally engaged in the research and development, manufacture, processing and sales of woodworking machineries. The Companyâs primary products include computerized auto carving machines, bench top and stationery planers, manual planers, single spindle shapers, bench top and stationery jointers, computer numerical control (CNC) machine tools and lathes, as well as bench top and stationery table saws. The Company mainly distributes its products in domestic market and overseas markets, including the United States of America (the USA), Canada and other countries.
CHIU TING MACHINERY CO., LTD. 