FineTek Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024
May 14, 2024 at 04:04 pm IST
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FineTek Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was TWD 306.68 million compared to TWD 334.31 million a year ago. Net income was TWD 64.47 million compared to TWD 52.9 million a year ago.
Basic earnings per share from continuing operations was TWD 1.18 compared to TWD 0.97 a year ago. Diluted earnings per share from continuing operations was TWD 1.17 compared to TWD 0.96 a year ago.
FineTek Co.,Ltd. is a Taiwan-based company principally engaged in provision of automation devices and meters. The Companyâs main products portfolio consists of process automation sensors and electric machine pneumatic control components. Its process automation sensors include point level sensors, level sensors, flow switches, panel meters and others, which are applied for monitoring and control of temperature, pressure, electricity, instrument and meter, liquid, solid, flux and others. Its electric machine pneumatic control components include controllers, pneumatic components, pollution control components and others. The Company distributes its products within domestic market and to overseas markets.