Aces Electronics Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 04:08 pm EDT
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ACES Electronics Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 2,016.488 million compared to TWD 1,601.802 million a year ago. Operating income was TWD 125.898 million compared to TWD 39.908 million a year ago. Net income was TWD 132.487 million compared to TWD 55.353 million a year ago. Basic earnings per share was TWD 1.08 compared to TWD 0.45 a year ago. For the half year, sales was TWD 3,562.923 million compared to TWD 3,080.228 million a year ago. Operating income was TWD 87.223 million compared to TWD 35.943 million a year ago. Net income was TWD 110.561 million compared to TWD 90.737 million a year ago. Basic earnings per share was TWD 0.9 compared to TWD 0.74 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.
ACES ELECTRONICS CO., LTD. 
