Allied Circuit Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 04:52 pm EDT
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Allied Circuit Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 468.998 million compared to TWD 765.301 million a year ago. Operating income was TWD 67.674 million compared to TWD 168.801 million a year ago. Net income was TWD 55.865 million compared to TWD 141.631 million a year ago. Basic earnings per share was TWD 1.12 compared to TWD 2.84 a year ago. Diluted earnings per share was TWD 1.12 compared to TWD 2.83 a year ago. For the half year, sales was TWD 873.298 million compared to TWD 1,484.337 million a year ago. Operating income was TWD 74.378 million compared to TWD 310.694 million a year ago. Net income was TWD 62.906 million compared to TWD 247.453 million a year ago. Basic earnings per share was TWD 1.26 compared to TWD 4.97 a year ago. Diluted earnings per share was TWD 1.26 compared to TWD 4.94 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.