Allied Circuit Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 07, 2020 at 05:47 pm EDT
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Allied Circuit Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 739.511 million compared to TWD 404.300 million a year ago. Operating income was TWD 175.446 million compared to TWD 6.704 million a year ago. Net income was TWD 145.486 million compared to TWD 7.041 million a year ago. Basic earnings per share was TWD 2.92 compared to TWD 0.14 a year ago. Diluted earnings per share was TWD 2.91 compared to TWD 0.14 a year ago.
Allied Circuit Co Ltd is principally engaged in the manufacture and distribution of printed circuit boards (PCBs). The Company primarily provides multi-layer PCBs and high density interconnect (HDI) boards. The Company's double-sided PCBs are mainly used in terminals, fax machines, computer peripheral equipment, industrial instruments and general communications equipment, among others. Its multi-layer PCBs are mainly applied in computer and related peripherals, consumer electronics, data storage devices, servers, computer workstations, precise testers, communications equipment, industrial control instruments and medical devices, among others. The Company mainly distributes its products to domestic and Asia market.
ALLIED CIRCUIT CO., LTD. 
