Jenn Feng New Energy Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 02:06 am IST
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Jenn Feng New Energy Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 98.154 million compared to TWD 104.146 million a year ago. Operating loss was TWD 14.153 million compared to TWD 23.201 million a year ago. Net loss was TWD 7.643 million compared to TWD 22.568 million a year ago. Basic loss per share was TWD 0.14 compared to TWD 0.4 a year ago. For the half year, sales was TWD 175.992 million compared to TWD 224.055 million a year ago. Operating loss was TWD 42.619 million compared to TWD 47.267 million a year ago. Net loss was TWD 54.492 million compared to TWD 61.899 million a year ago. Basic loss per share was TWD 0.97 compared to TWD 1.1 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. 
