Chiu Ting Machinery Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 07:33 pm IST
Share
Chiu Ting Machinery Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 622.432 million compared to TWD 487.170 million a year ago. Operating income was TWD 36.975 million compared to TWD 37.192 million a year ago. Net loss was TWD 11.443 million compared to net income of TWD 26.061 million a year ago. Basic loss per share was TWD 0.18 compared to basic earnings per share of TWD 0.4 a year ago. For the nine months, sales was TWD 1,567.209 million compared to TWD 1,699.900 million a year ago. Operating income was TWD 87.878 million compared to TWD 113.315 million a year ago. Net income was TWD 5.527 million compared to TWD 90.582 million a year ago. Basic earnings per share was TWD 0.08 compared to TWD 1.39 a year ago. Diluted earnings per share was TWD 0.08 compared to TWD 1.38 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. 
