Drewloong Precision, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 01:50 pm EST
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Drewloong Precision, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 212.370 million compared to TWD 243.778 million a year ago. Operating income was TWD 75.594 million compared to TWD 83.303 million a year ago. Net income was TWD 60.314 million compared to TWD 65.986 million a year ago. Basic earnings per share was TWD 1.85 compared to TWD 2.09 a year ago. For the nine months, sales was TWD 637.271 million compared to TWD 602.331 million a year ago. Operating income was TWD 230.666 million compared to TWD 214.503 million a year ago. Net income was TWD 186.514 million compared to TWD 171.532 million a year ago. Basic earnings per share was TWD 5.85 compared to TWD 5.45 a year ago. Diluted earnings per share was TWD 5.82 compared to TWD 5.42 a year ago.
Drewloong Precision, Inc. is a Taiwan-based company principally engaged in the research, development, production and sale of large aircraft fuselage structure components, large aircraft engine structure components and special mold fixtures. The Companyâs main products include: aircraft fuselage structural components, which are used to assemble Boeing 737, Boeing 747, Boeing 767, Boeing 777 and Boeing 787 aircraft fuselage; aircraft engine components, which are used to assemble aircraft engines including LEAP A and LEAP B; aircraft landing gear components for A350 take-off and landing gear; as well as other special mold fixtures. The Company's sales customers are aircraft manufacturers.
DREWLOONG PRECISION, INC. 
