Quaser Machine Tools Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2018
October 15, 2018
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Quaser Machine Tools Inc. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 519.064 million compared to TWD 538.131 million a year ago. Operating income was TWD 35.151 million compared to TWD 46.188 million a year ago. Net income was TWD 29.825 million compared to TWD 59.587 million a year ago. Basic earnings per share was TWD 0.76 compared to TWD 1.69 a year ago. Diluted earnings per share was TWD 0.75 compared to TWD 1.69 a year ago.
For the nine months, sales was TWD 1,498.713 million compared to TWD 1,342.206 million a year ago. Operating income was TWD 118.707 million compared to TWD 99.285 million a year ago. Net income was TWD 111.935 million compared to TWD 94.609 million a year ago. Basic earnings per share was TWD 3.05 compared to TWD 2.68 a year ago. Diluted earnings per share was TWD 3.04 compared to TWD 2.67 a year ago.
Quaser Machine Tools Inc is a Taiwan-based company engaged in the manufacture and sale of tooling machines. The Company's main products are computer numerical control (CNC) tooling machines and other metal cutting machines. The Company's tooling products are mainly categorized into vertical machining centers, vertical interchangeable table machining centers, five-face machining centers, five-axis machining centers, horizontal machining centers, horizontal elastic manufacturing units, five-face and five-axis elastic manufacturing units, milling and lathe combined machine. The Company's products are used in aerospace industry and other industries. The Company's products are used in the aerospace industry, defense industry, automotive industry, general machinery, metal processing industry and electronics industry. The Company sells its products domestically and internationally.
QUASER MACHINE TOOLS, INC. 
