Kao Fong Machinery Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2018
March 28, 2019 at 03:30 am IST
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Kao Fong Machinery Co. Ltd. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was TWD 2,731.237 million compared to TWD 2,784.073 million a year ago. Operating income was TWD 36.152 million compared to TWD 85.875 million a year ago. Net income was TWD 120.404 million compared to TWD 66.408 million a year ago. Basic earnings per share was TWD 1.11 compared to TWD 0.61 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.