Ant Precision Industry Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 02:34 pm EDT
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ANT Precision Industry Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 152.178 million compared to TWD 132.229 million a year ago. Operating income was TWD 20.404 million compared to TWD 5.005 million a year ago. Net income was TWD 21.848 million compared to TWD 8.357 million a year ago. Basic earnings per share was TWD 0.56 compared to TWD 0.22 a year ago. For the half year, sales was TWD 254.118 million compared to TWD 245.396 million a year ago. Operating income was TWD 18.317 million compared to TWD 3.779 million a year ago. Net income was TWD 22.864 million compared to TWD 205,000 a year ago. Basic earnings per share was TWD 0.58 compared to TWD 0.01 a year ago.
Ant Precision Industry Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of connectors, cable assemblies, as well as molds and the related components. The Company's connector products are mainly applied in the transmission of signals or electricity within electronic systems. Its cable assembly products are mainly applied in the vehicle audio and video communications, entertainment and navigation systems. It industrial mold products mainly consist of plastic molds and stamping dies. The Company mainly distributes its products in domestic market and to overseas markets.
ANT PRECISION INDUSTRY CO., LTD 
