Leatec Fine Ceramics Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 04:56 pm EDT
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LEATEC Fine Ceramics Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 180.464 million compared to TWD 276.445 million a year ago. Operating loss was TWD 39.973 million compared to operating Income of TWD 24.466 million a year ago. Net loss was TWD 51.177 million compared to TWD 1.341 million a year ago. Basic loss per share was TWD 0.47 compared to TWD 0.01 a year ago. For the half year, sales was TWD 318.025 million compared to TWD 533.046 million a year ago. Operating loss was TWD 103.750 million compared to operating Income of TWD 24.139 million a year ago. Net loss was TWD 115.536 million compared to TWD 16.670 million a year ago. Basic loss per share was TWD 1.07 compared to TWD 0.16 a year ago.
Leatec Fine Ceramics Co Ltd is a Taiwan-based company principally engaged in the design, manufacture, processing and trading of alumina ceramic substrates. The primary products include ceramic substrates for chip exclusion, ceramic substrates for chip resistors, ceramic substrates for hybrid integrated circuits, laser resistors, polished substrates, solar junction boxes, solar connectors, among others. The Company operates through two business segments. The Precision Ceramics segment is principally engaged in the production and sale of ceramic substrates. The Optoelectronic segment is principally engaged in the production and sale of solar connectors. The Company mainly distributes its products in Asia, America, Europe, among others.