Jenn Feng Industrial Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021 at 01:30 am IST
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Jenn Feng Industrial Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 61.327 million compared to TWD 55.388 million a year ago. Operating loss was TWD 19.448 million compared to TWD 27.173 million a year ago. Net loss was TWD 16.795 million compared to net income of TWD 80.525 million a year ago. Basic loss per share was TWD 0.64 compared to basic earnings per share of TWD 3.76 a year ago.
Jenn Feng Industrial Tools Co Ltd is a Taiwan-based company principally engaged in the manufacture and sale of electrical tools and lamps. The main products include electric drills, grinding machines, automotive lamps and other components. Electric drills are mainly used for drilling, drilling, or screw locking in woodworking materials, metal, and cement walls. The grinding machines are mainly used for surface polishing of woodworking and metal materials. Automobile lamps are mainly used for reading lighting on the car to improve the visibility of the car at night or in bad weather. The Company also provides replacement of damaged hand tool parts.
JENN FENG INDUSTRIAL TOOLS CO., LTD. 
