Hi Sharp Electronics Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 03:55 pm EDT
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Hi Sharp Electronics Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 208.954 million compared to TWD 207.473 million a year ago. Operating income was TWD 8.936 million compared to TWD 4.119 million a year ago. Net income was TWD 6.857 million compared to TWD 2.360 million a year ago. Basic earnings per share was TWD 0.17 compared to TWD 0.06 a year ago. Diluted earnings per share was TWD 0.16 compared to TWD 0.06 a year ago. For the half year, sales was TWD 411.974 million compared to TWD 407.916 million a year ago. Operating income was TWD 17.550 million compared to TWD 13.651 million a year ago. Net income was TWD 13.395 million compared to TWD 10.107 million a year ago. Basic earnings per share was TWD 0.32 compared to TWD 0.24 a year ago.
Hi Sharp Electronics Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sale of electronic monitoring products. The Company's products consist of video cameras, including color cameras, infrared cameras, network cameras and wireless network cameras; monitors, including touch screen type, widescreen type and digital video recorder (DVR) type liquid crystal display (LCD) monitors; parking systems, including LCD monitors which are used in automobiles, and DVRs and servers, including real-time DVRs, multifunctional DVRs, network DVRs, monitor-type multimedia servers, network image servers, matrix controllers, color digital compressors and color decollators, among others. The Company distributes its products within the domestic market and to overseas markets.