Chang Wah Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2018
March 20, 2019 at 10:58 am EDT
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Chang Wah Technology Co., Ltd. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was TWD 9,784.851 million compared to TWD 7,505.222 million a year ago. Operating income was TWD 1,093.951 million compared to TWD 836.728 million a year ago. Net income was TWD 842.544 million compared to TWD 431.075 million a year ago. Basic earnings per share was TWD 23.6 compared to TWD 14.62 a year ago. Diluted earnings per share was TWD 23.57 compared to TWD 14.48 a year ago.
CHANG WAH TECHNOLOGY CO., LTD is a Taiwan-based lead frame manufacturer. The Company's main products is involved in integrated circuit (IC) lead frames, encapsulated resin and light emitting diode (LED) lead frames. The Company's products are used in the IC industry and the optoelectronic industry. The lead frame can be divided into three categories including integrated circuit lead frame, photovoltaic element lead frame and light emitting diode lead frame according to the different chips. The Company distributes its products mainly to Asia and Europe.