Kintech Electronics Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 03, 2020 at 02:43 pm EDT
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Kintech Electronics Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 183.179 million compared to TWD 209.426 million a year ago. Operating income was TWD 24.882 million compared to TWD 51.304 million a year ago. Net income was TWD 19.277 million compared to TWD 43.356 million a year ago. Basic earnings per share was TWD 0.55 compared to TWD 1.23 a year ago. For the half year, sales was TWD 386.963 million compared to TWD 390.615 million a year ago. Operating income was TWD 65.839 million compared to TWD 75.137 million a year ago. Net income was TWD 55.069 million compared to TWD 63.207 million a year ago. Basic earnings per share was TWD 1.57 compared to TWD 1.8 a year ago. Diluted earnings per share was TWD 1.57 compared to TWD 1.79 a year ago.
KINTECH ELECTRONICS CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of printed circuit boards. The Company's main products include single-sided printed circuit boards, double-sided printed circuit boards, multilayer printed circuit boards and raw materials. The Company's products are mainly used in information electronics, communications products and consumer electronics, as well as the areas of aerospace and national defense. The Company distributes its products in domestic market to overseas markets.