Jenn Feng Industrial Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 30, 2021 at 01:58 am IST
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Jenn Feng Industrial Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 275.762 million compared to TWD 362.838 million a year ago. Operating loss was TWD 84.051 million compared to TWD 100.429 million a year ago. Net loss was TWD 12.302 million compared to TWD 147.705 million a year ago. Basic loss per share from continuing operations was TWD 0.57 compared to TWD 6.9 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.