Advanced International Multitech Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 06, 2020 at 05:40 pm EDT
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Advanced International Multitech Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 2,684.000 million compared to TWD 3,480.857 million a year ago. Operating income was TWD 134.388 million compared to TWD 321.396 million a year ago. Net income was TWD 107.124 million compared to TWD 205.707 million a year ago. Basic earnings per share was TWD 0.79 compared to TWD 1.52 a year ago. Diluted earnings per share was TWD 0.79 compared to TWD 1.51 a year ago.
ADVANCED GROUP is a Taiwan company principally engaged in the manufacture, processing and sales of carbon fiber prepregs and carbon fiber products. The Company's main products include golf clubs and other golf equipment, golf balls and composite products. The Company is also involved in the manufacture, processing and sales of carbon fiber fabrics in the aerospace industry, as well as the import and export trading of golf related products and carbon fiber fabrics. The Company distributes its products in domestic market and to overseas markets, including the Americas, the rest areas of Asia and others.
ADVANCED INTERNATIONAL MULTITECH CO., LTD. 
