Asia Vital Components Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 10, 2020 at 03:20 pm EDT
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Asia Vital Components Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 11,604.824 million compared to TWD 9,484.025 million a year ago. Operating income was TWD 951.942 million compared to TWD 206.622 million a year ago. Net income was TWD 567.327 million compared to TWD 231.210 million a year ago. Basic earnings per share was TWD 1.61 compared to TWD 0.65 a year ago. Diluted earnings per share was TWD 1.6 compared to TWD 0.65 a year ago. For the half year, sales was TWD 19,091.375 million compared to TWD 16,398.248 million a year ago. Operating income was TWD 1,210.193 million compared to TWD 404.405 million a year ago. Net income was TWD 761.600 million compared to TWD 411.137 million a year ago. Basic earnings per share was TWD 2.16 compared to TWD 1.16 a year ago. Diluted earnings per share was TWD 2.15 compared to TWD 1.16 a year ago.
Asia Vital Components Co., Ltd. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of computer, communications and consumer electronics (3C) products. The Company's main products include central processing unit (CPU) radiators, heat sinks, fans, notebook cooling modules, heat exchangers, graphite, heat pipes and soaking plates, water-cooled boards and computer cases. The Company's products are mainly used in the areas of communications and networking, power and energy, transportation, server, personal computer and smart phone. The Company distributes its products in domestic market and to overseas markets, such as the rest areas of Asia, the Americas and Europe.