Finetek Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 12, 2020 at 04:14 pm EDT
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FineTek Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 209.804 million compared to TWD 262.937 million a year ago. Operating income was TWD 21.460 million compared to TWD 56.204 million a year ago. Net income was TWD 24.242 million compared to TWD 50.786 million a year ago. Basic earnings per share was TWD 0.58 compared to TWD 1.21 a year ago.
FineTek Co.,Ltd. is a Taiwan-based company principally engaged in provision of automation devices and meters. The Companyâs main products portfolio consists of process automation sensors and electric machine pneumatic control components. Its process automation sensors include point level sensors, level sensors, flow switches, panel meters and others, which are applied for monitoring and control of temperature, pressure, electricity, instrument and meter, liquid, solid, flux and others. Its electric machine pneumatic control components include controllers, pneumatic components, pollution control components and others. The Company distributes its products within domestic market and to overseas markets.
FINETEK CO., LTD. 
