Gallant Micro. Machining Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 24, 2020 at 01:43 pm EDT
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Gallant Micro. Machining Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 758.006 million compared to TWD 922.261 million a year ago. Operating income was TWD 105.450 million compared to TWD 94.721 million a year ago. Net income was TWD 85.429 million compared to TWD 87.486 million a year ago. Basic earnings per share was TWD 3.02 compared to TWD 3.33 a year ago. Diluted earnings per share was TWD 2.97 compared to TWD 3.26 a year ago.
Gallant Micro Machining Co Ltd is a Taiwan-based company mainly engaged in the manufacture of semiconductor process equipment and related precision molds. The main products include precision processing equipment such as punching and forming machines, automatic sealing machines and others, precision pick-and-place equipment such as integrated circuit (IC) die pickers, IC die bonding machines and others, optoelectronic laser equipment such as laser marking machines and automatic optical inspection equipment, and other equipment such as wafer or die transfer precision pick-and-place application equipment, semi-automatic permanent magnet motor packaging equipment, and others. The Company also provides parts and technical services, as well as the manufacture and maintenance of electronic testing instruments (except weights and measures) and equipment. The Company distributes products in Taiwan, Asia (China Mainland), and other markets.