Asia Neo Tech Industrial Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 03:42 pm EDT
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Asia Neo Tech Industrial Co.,Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 125.856 million compared to TWD 203.597 million a year ago. Operating income was TWD 2.260 million compared to TWD 26.339 million a year ago. Net income was TWD 2.894 million compared to TWD 26.724 million a year ago. Basic earnings per share was TWD 0.1 compared to TWD 0.95 a year ago. For the half year, sales was TWD 253.281 million compared to TWD 329.871 million a year ago. Operating income was TWD 4.773 million compared to TWD 18.603 million a year ago. Net income was TWD 7.584 million compared to TWD 26.860 million a year ago. Basic earnings per share was TWD 0.27 compared to TWD 0.96 a year ago.
Asia Neo Tech Industrial Co., Ltd. is a Taiwan-based company principally engaged in the design, research, development, manufacture and sales of automatic drying equipment and related mechanical equipment. The Company's main products include conveyor ovens, ovens, printed circuit boards (PCBs), cover lens, green glass and touch panels. The Company distributes its products in domestic market and to overseas markets, such as mainland China.