Taiwan Alpha Electronic Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 01:42 pm EDT
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Taiwan Alpha Electronic Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 137.572 million compared to TWD 180.199 million a year ago. Operating income was TWD 7.717 million compared to TWD 15.737 million a year ago. Net income was TWD 8.400 million compared to TWD 20.221 million a year ago. Basic earnings per share was TWD 0.23 compared to TWD 0.56 a year ago. For the half year, sales was TWD 250.432 million compared to TWD 305.600 million a year ago. Operating income was TWD 5.789 million compared to TWD 20.560 million a year ago. Net income was TWD 11.139 million compared to TWD 13.628 million a year ago. Basic earnings per share was TWD 0.31 compared to TWD 0.38 a year ago.
TAIWAN ALPHA ELECTRONIC CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of variable resistors. The Company's main products include variable resistors, switches, silicon rectifiers, encoders, thin film sensing components and others. The Company is also involved in the import and export trading of related raw materials and products, as well as the investment and operation businesses. The Company distributes its products to Asia, the Americas and Europe markets.