Aker Technology Co., Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 05:38 pm EDT
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Aker Technology Co. Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 111.955 million compared to TWD 154.877 million a year ago. Operating loss was TWD 624,000 compared to operating Income of TWD 18.711 million a year ago. Net income was TWD 732,000 compared to TWD 27.972 million a year ago. Basic earnings per share was TWD 0.01 compared to TWD 0.56 a year ago. For the half year, sales was TWD 225.938 million compared to TWD 287.082 million a year ago. Operating loss was TWD 1.175 million compared to operating Income of TWD 31.399 million a year ago. Net income was TWD 911,000 compared to TWD 33.838 million a year ago. Basic earnings per share was TWD 0.02 compared to TWD 0.68 a year ago.
AKER TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and distribution of quartz crystal products. The Companyâs primary products include quartz crystal units, quartz crystal filters, quartz crystal oscillators and surface mount device (SMD) quartz crystal units and crystal oscillators. The Companyâs products are mainly used in the manufacture of computers, remote control toys, television (TV) games, wireless phones, Internet communication applications, consumer electronics, automotive electronics, pagers, mobile phones, very high frequency (VHF) wireless receivers and global positioning system (GPS) receivers. The Company mainly operates its businesses in Taiwan, Hong Kong, the Mainland China and Europe.