Chang Wah Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 08, 2019 at 05:42 pm EDT
Share
Chang Wah Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 2,250.917 million compared to TWD 2,557.982 million a year ago. Operating income was TWD 199.809 million compared to TWD 266.002 million a year ago. Net income was TWD 144.742 million compared to TWD 245.907 million a year ago. Basic earnings per share was TWD 4.1 compared to TWD 6.79 a year ago. Diluted earnings per share was TWD 4.1 compared to TWD 6.76 a year ago. For the half year, sales was TWD 4,406.909 million compared to TWD 4,945.058 million a year ago. Operating income was TWD 375.053 million compared to TWD 551.210 million a year ago. Net income was TWD 267.747 million compared to TWD 416.155 million a year ago. Basic earnings per share was TWD 7.58 compared to TWD 11.5 a year ago. Diluted earnings per share was TWD 7.57 compared to TWD 11.45 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.
CHANG WAH TECHNOLOGY CO., LTD. 
