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FineTek Reports September Loss, Q3 Swings to Red
Electronic Technology · Electronic Components · economic_daily · 2026-11-03
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FineTek disclosed its September financial results following stock price volatility, reporting a net loss of NT$9 million and a quarterly swing to loss.
What Happened
Financial Performance: FineTek announced its unaudited financial results for September, reporting a net loss of NT$9 million, which represents a year-over-year decline. For the third quarter, the company recorded a total net loss of approximately NT$36 million, or NT$0.2 per share, marking a swing from profit to loss compared to the second quarter.
Revenue Metrics: The company's consolidated revenue for September reached NT$116 million, showing a significant year-over-year increase of 308.16%. Despite the revenue growth, the company faced a pre-tax loss of NT$9 million, reflecting a 101.97% decline compared to the same period last year.
Previous Quarter Comparison: In the second quarter, FineTek reported consolidated revenue of NT$239 million with a net profit of NT$3 million, resulting in earnings per share of NT$0.02. This indicates that the company was profitable in the previous quarter before the recent downturn in the third quarter.
Regulatory Disclosure: The disclosure of these financial figures was triggered by the company's stock price reaching the threshold for mandatory disclosure of trading information. The company released these figures to ensure transparency for investors following recent market volatility.