Allied Circuit Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 06, 2020 at 04:44 pm EDT
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Allied Circuit Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 829.986 million compared to TWD 468.998 million a year ago. Operating income was TWD 217.477 million compared to TWD 67.674 million a year ago. Net income was TWD 176.609 million compared to TWD 55.865 million a year ago. Basic earnings per share was TWD 3.55 compared to TWD 1.12 a year ago. Diluted earnings per share was TWD 3.53 compared to TWD 1.12 a year ago. For the half year, sales was TWD 1,569.497 million compared to TWD 873.298 million a year ago. Operating income was TWD 392.923 million compared to TWD 74.378 million a year ago. Net income was TWD 322.095 million compared to TWD 62.906 million a year ago. Basic earnings per share was TWD 6.47 compared to TWD 1.26 a year ago. Diluted earnings per share was TWD 6.44 compared to TWD 1.26 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. 
