Action Electronics Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 11:28 am EDT
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Action Electronics Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 336.749 million compared to TWD 469.218 million a year ago. Operating income was TWD 11.442 million compared to TWD 20.487 million a year ago. Net income was TWD 24.910 million compared to TWD 29.603 million a year ago. Basic earnings per share was TWD 0.09 compared to TWD 0.11 a year ago. For the half year, sales was TWD 689.126 million compared to TWD 838.852 million a year ago. Operating income was TWD 16.487 million compared to TWD 23.280 million a year ago. Net income was TWD 37.989 million compared to TWD 33.134 million a year ago. Basic earnings per share was TWD 0.14 compared to TWD 0.12 a year ago.
Action Electronics Co., Ltd. is a Taiwan-based company principally engaged in the manufacture, processing, distribution, maintenance and technology services of electronic products. The Company provides portable multimedia players, liquid crystal digital televisions and digital video disks (DVD), digital photo frames, mobile entertainment products, mobile Internet products, solar application products and tablet personal computers, among others. The Company also involves in the provision of related technology transfer and consulting services. It distributes its products primarily in Asia, Europe and the Americas.