Min Aik Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 05:14 pm EDT
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Min Aik Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 1,205.060 million compared to TWD 1,630.486 million a year ago. Operating loss was TWD 139.794 million compared to TWD 90.429 million a year ago. Net loss was TWD 99.544 million compared to TWD 13.153 million a year ago. Basic loss per share was TWD 0.72 compared to TWD 0.1 a year ago. For the half year, sales was TWD 2,638.672 million compared to TWD 3,376.572 million a year ago. Operating loss was TWD 296.352 million compared to TWD 188.337 million a year ago. Net loss was TWD 226.378 million compared to TWD 174.466 million a year ago. Basic loss per share was TWD 1.65 compared to TWD 1.27 a year ago.
MIN AIK TECHNOLOGY Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of hard disk machines and related parts and components. The Company's main products include hard disk drive arm assemblies, voice coil motors (VCMs), hard drive top covers, external hard disk machines, read and write head checks, hard drive parts and others. The Company distributes its products in Asia, Europe and the Americas markets.
MIN AIK TECHNOLOGY CO., LTD. 
