Best Friend Technology Co., Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 11:22 am EDT
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Best Friend Technology Co. Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 545.206 million compared to TWD 280.136 million a year ago. Net loss was TWD 9.651 million compared to net income of TWD 23.281 million a year ago. Basic loss per share was TWD 0.28 compared to basic earnings per share of TWD 0.81 a year ago. Diluted loss per share was TWD 0.28 compared to diluted earnings per share of TWD 0.76 a year ago. For the half year, sales was TWD 957.664 million compared to TWD 583.859 million a year ago. Net loss was TWD 14.682 million compared to net income of TWD 26.198 million a year ago. Basic loss per share was TWD 0.42 compared to basic earnings per share of TWD 0.91 a year ago. Diluted loss per share was TWD 0.42 compared to diluted earnings per share of TWD 0.89 a year ago.
United Recommend International Co Ltd is a Taiwan-based company mainly engaged in the e-commerce and electronic manufacturing business. The Company is mainly engaged in the wholesale and retail of fabrics, clothing, shoes, hats, umbrellas and apparel, as well as the operation of non-store retail business. The main e-commerce brands include YuYu Active, Mouggan, WEAR to EAT, Chenn Chenn and An'Q. The Company is also engaged in the design, development, manufacture, processing and trading of printed circuit boards. The main products are flexible printed circuit boards. The Company distributes its products principally in Taiwan and other Asia markets.