Laser Tek Taiwan Co.,Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 08, 2019 at 03:14 pm EDT
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Laser Tek Taiwan Co.,Ltd announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 285.368 million compared to TWD 630.250 million a year ago. Operating income was TWD 3.535 million compared to TWD 93.656 million a year ago. Net income was TWD 16.767 million compared to TWD 135.865 million a year ago. Basic earnings per share was TWD 0.2 compared to TWD 1.62 a year ago. For the half year, sales was TWD 594.478 million compared to TWD 1,151.553 million a year ago. Operating income was TWD 26.472 million compared to TWD 160.339 million a year ago. Net income was TWD 47.573 million compared to TWD 171.627 million a year ago. Basic earnings per share was TWD 0.57 compared to TWD 2.04 a year ago. Diluted earnings per share was TWD 0.56 compared to TWD 2.02 a year ago.
LASER TEK TAIWAN CO., LTD. is a Taiwan-based company principally engaged in the manufacturing and sales of passive components. The Company mainly operated through four business segments. The Surface Mounted Devices (SMDs) segment is mainly engaged in the manufacturing, processing and sales of passive components wafer packaging materials, active components plastic packaging materials and related electronic components and spare parts. The Equipment segment is mainly engaged in the sales and maintenance of testing equipment, optical equipment, printing equipment and related components of surface mount technology (SMT), as well as the research and development, manufacture and sales of laser applications equipment and parts. The Wafer Testing and Packaging segment is engaged in the testing and packaging of passive components wafers. The Others segment is mainly engaged in the sales of other electronic products and energy products.