Jenn Feng New Energy Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 01:27 am IST
Share
Jenn Feng New Energy Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 100.708 million compared to TWD 94.509 million a year ago. Operating loss was TWD 22.458 million compared to TWD 27.417 million a year ago. Net loss was TWD 8.001 million compared to TWD 7.358 million a year ago. Basic loss per share was TWD 0.14 compared to TWD 0.13 a year ago. For the nine months, sales was TWD 276.700 million compared to TWD 318.564 million a year ago. Operating loss was TWD 65.077 million compared to TWD 74.684 million a year ago. Net loss was TWD 62.493 million compared to TWD 69.257 million a year ago. Basic loss per share was TWD 1.11 compared to TWD 1.23 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. 
