Aces Electronics Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 11, 2019 at 05:23 pm EDT
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ACES Electronics Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 1,601.802 million compared to TWD 1,627.203 million a year ago. Operating income was TWD 39.908 million compared to TWD 9.116 million a year ago. Net income was TWD 55.353 million compared to TWD 83.718 million a year ago. Basic earnings per share was TWD 0.45 compared to TWD 0.68 a year ago. For the half year, sales was TWD 3,080.228 million compared to TWD 3,089.415 million a year ago. Operating income was TWD 35.943 million compared to operating loss of TWD 8.775 million a year ago. Net income was TWD 90.737 million compared to TWD 19.234 million a year ago. Basic earnings per share was TWD 0.74 compared to TWD 0.16 a year ago.
ACES Electronics Co., Ltd. is principally engaged in the development, design, manufacture and distribution of electronic connectors and cable groups. The Companyâs products are applied in the manufacture of notebook computers and peripheral parts, smart phones, consumer electronics, panels, vehicle equipment and network communication products, among others. The Company distributes its products in domestic market and to overseas markets.