Kao Fong Machinery Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
May 14, 2020 at 02:06 am IST
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Kao Fong Machinery Co. Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 348.941 million compared to TWD 469.078 million a year ago. Operating loss was TWD 27.425 million compared to TWD 8.102 million a year ago. Net loss was TWD 26.806 million compared to TWD 1.429 million a year ago. Basic loss per share was TWD 0.25 compared to TWD 0.01 a year ago.
KAO FONG MACHINERY CO., LTD is a Taiwan-based company principally engaged in the manufacture and distribution of machine tools and machinery equipment. The Company's products mainly consist of vertical machining centers, horizontal machining centers, as well as gantry-type processing centers. The Company's products are applied in the processing of precision metal components, automotive components, electronic components, molds, semiconductor products and others. The Company distributes its products in Taiwan, the Americas and the rest of Asia.
KAO FONG MACHINERY CO., LTD 
