Finetek Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 12:52 am IST
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FineTek Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 247.742 million compared to TWD 286.968 million a year ago. Operating income was TWD 65.536 million compared to TWD 83.704 million a year ago. Net income was TWD 64.871 million compared to TWD 61.371 million a year ago. Basic earnings per share was TWD 1.55 compared to TWD 1.47 a year ago. Diluted earnings per share was TWD 1.55 compared to TWD 1.46 a year ago. For the half year, sales was TWD 457.546 million compared to TWD 549.905 million a year ago. Operating income was TWD 87.317 million compared to TWD 139.908 million a year ago. Net income was TWD 89.113 million compared to TWD 112.157 million a year ago. Basic earnings per share was TWD 2.13 compared to TWD 2.68 a year ago. Diluted earnings per share was TWD 2.12 compared to TWD 2.67 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.
FINETEK CO., LTD. 
