Tongtai Machine & Tool Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021
Share
Tongtai Machine & Tool Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 2,897.312 million compared to TWD 2,158.818 million a year ago. Operating income was TWD 128.698 million compared to operating loss of TWD 58.783 million a year ago. Net income was TWD 105.828 million compared to TWD 16.309 million a year ago. Basic earnings per share was TWD 0.42 compared to TWD 0.06 a year ago. For the half year, sales was TWD 4,733.031 million compared to TWD 3,919.920 million a year ago. Operating income was TWD 64.042 million compared to operating loss of TWD 152.850 million a year ago. Net income was TWD 29.404 million compared to net loss of TWD 116.129 million a year ago. Basic earnings per share was TWD 0.12 compared to basic loss per share of TWD 0.46 a year ago.
TONGTAI MACHINE & TOOL CO., LTD is a Taiwan-based company principally engaged in the manufacture and distribution of machines. The Company provides comprehensive cutting machining centers for processing high precision metal components, computer numeric control (CNC) lathes for processing high precision metal components, as well as drilling machines and forming machines for drilling and forming printed circuit board (PCB). The Company also provides photoelectric products for the production of flat panel display (FPD) panels, as well as related machinery maintenance services. It distributes its products in Taiwan, the rest of Asia, Europe and other markets.
TONGTAI MACHINE & TOOL CO., LTD. 
