Finetek Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 30, 2020 at 08:48 am EDT
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FineTek Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 1,109.808 million compared to TWD 1,094.038 million a year ago. Operating income was TWD 268.409 million compared to TWD 260.313 million a year ago. Net income was TWD 214.009 million compared to TWD 215.603 million a year ago. Basic earnings per share was TWD 5.11 compared to TWD 5.1 a year ago. Diluted earnings per share was TWD 5.09 compared to TWD 5.08 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.