Quaser Machine Tools, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
March 30, 2021 at 10:44 am EDT
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Quaser Machine Tools, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 2,094.089 million compared to TWD 1,915.076 million a year ago. Operating loss was TWD 230.162 million compared to TWD 81.042 million a year ago. Net loss was TWD 352.551 million compared to TWD 90.831 million a year ago. Basic loss per share from continuing operations was TWD 6.7 compared to TWD 2.23 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. 
