Excel Cell Electronic Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
July 30, 2019 at 01:38 pm EDT
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Excel Cell Electronic Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 455.619 million compared to TWD 528.753 million a year ago. Operating loss was TWD 8.163 million compared to operating Income of TWD 19.883 million a year ago. Net income was TWD 53.522 million compared to TWD 58.352 million a year ago. Basic earnings per share was TWD 0.49 compared to TWD 0.53 a year ago. Diluted earnings per share was TWD 0.48 compared to TWD 0.53 a year ago. For the half year, sales was TWD 907.207 million compared to TWD 1,018.068 million a year ago. Operating loss was TWD 8.704 million compared to operating Income of TWD 47.146 million a year ago. Net income was TWD 117.185 million compared to TWD 70.782 million a year ago. Basic earnings per share was TWD 1.06 compared to TWD 0.64 a year ago.
EXCEL CELL ELECTRONIC CO., LTD. is a Taiwan-based company principally engaged in the processing, manufacture and trading of electronic components. The Companyâs primary products include switches, relays, terminal blocks, connectors and pressing parts, such as lead frames. Its products are applied in the manufacture of household electrical appliances, precision instruments, security products, communication products, computer peripheral products, integrated circuits (ICs) and others. The Company distributes its products primarily in Asia, Europe and the Americas.