Answer Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 01:46 pm EDT
Share
Answer Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was TWD 1,044.266 million compared to TWD 1,150.763 million a year ago. Operating income was TWD 67.712 million compared to TWD 89.306 million a year ago. Net income was TWD 49.247 million compared to TWD 55.221 million a year ago. Basic earnings per share was TWD 0.75 compared to TWD 0.83 a year ago. Diluted earnings per share was TWD 0.74 compared to TWD 0.8 a year ago. For the half year, total revenue was TWD 1,963.522 million compared to TWD 2,194.393 million a year ago. Operating income was TWD 130.560 million compared to TWD 131.866 million a year ago. Net income was TWD 92.730 million compared to TWD 96.309 million a year ago. Basic earnings per share was TWD 1.41 compared to TWD 1.47 a year ago. Diluted earnings per share was TWD 1.39 compared to TWD 1.43 a year ago.
Answer Technology Co Ltd is a Taiwan-based company principally engaged in the distribution of analog integrated circuits (ICs), mixed-signal ICs, logic ICs and ICs for special applications. The Company's brand agency business covers domestic and overseas brands, such as Analog Devices, Discera, GreenMark, ITE, Parade, TRINAMIC and Xilinx. The Company's products are applied in electronic products, industrial computers, wireless products, card readers, automotive electronics and others. The Company distributes its products within domestic market and to overseas markets.