Magnate Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 06, 2021
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Magnate Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 269.617 million compared to TWD 227.447 million a year ago. Operating loss was TWD 12.914 million compared to TWD 44.535 million a year ago. Net loss was TWD 4.009 million compared to TWD 25.491 million a year ago. Basic loss per share was TWD 0.06 compared to TWD 0.37 a year ago. For the half year, sales was TWD 484.352 million compared to TWD 537.731 million a year ago. Operating loss was TWD 64.418 million compared to TWD 60.561 million a year ago. Net loss was TWD 35.170 million compared to TWD 33.261 million a year ago. Basic loss per share was TWD 0.52 compared to TWD 0.48 a year ago.
Magnate Technology Co., Ltd is a Taiwan-based company principally engaged in the processing, manufacture and sales of aircraft components, mechanical equipment components and general instrument components. The main products include aero engine casing, turbine hangers & nozzles, aircraft landing gear components, flight control actuation system, hydraulic system precision components products and aircraft body structure precision components products, as well as beverages, food and medicine sterile filling packaging machine, optoelectronic semiconductor equipment components, among others. The Company mainly provides its products in Taiwan, Japan and other regions.
MAGNATE TECHNOLOGY CO., LTD. 
