Laser Tek Taiwan Co.,Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 04:26 pm EDT
Share
Laser Tek Taiwan Co.,Ltd announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 355.822 million compared to TWD 285.368 million a year ago. Operating income was TWD 46.592 million compared to TWD 3.535 million a year ago. Net income was TWD 64.247 million compared to TWD 16.767 million a year ago. Basic earnings per share was TWD 0.77 compared to TWD 0.2 a year ago. Diluted earnings per share was TWD 0.76 compared to TWD 0.2 a year ago. For the half year, sales was TWD 607.834 million compared to TWD 594.478 million a year ago. Operating income was TWD 59.420 million compared to TWD 26.472 million a year ago. Net income was TWD 90.038 million compared to TWD 47.573 million a year ago. Basic earnings per share was TWD 1.07 compared to TWD 0.57 a year ago. Diluted earnings per share was TWD 1.06 compared to TWD 0.56 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.