Channel Well Technology Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 07:43 pm EDT
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Channel Well Technology Co.,Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 1,827.720 million compared to TWD 1,347.610 million a year ago. Operating income was TWD 341.966 million compared to TWD 173.320 million a year ago. Net income was TWD 253.817 million compared to TWD 156.395 million a year ago. Basic earnings per share was TWD 1.12 compared to TWD 0.69 a year ago. Diluted earnings per share was TWD 1.11 compared to TWD 0.68 a year ago. For the half year, sales was TWD 2,749.135 million compared to TWD 2,247.747 million a year ago. Operating income was TWD 429.864 million compared to TWD 206.689 million a year ago. Net income was TWD 342.953 million compared to TWD 218.755 million a year ago. Basic earnings per share was TWD 1.51 compared to TWD 0.96 a year ago. Diluted earnings per share was TWD 1.49 compared to TWD 0.95 a year ago.
Channel Well Technology Co., Ltd. is a Taiwan-based company principally engaged in the research, development, manufacture, processing and trading of power supplies. The Companyâs primary products include power supplies for consulting products and industrial devices, external power supplies, personal computer (PC) power, chargers and other power-related downstream products, as well as computers, communication and consumer electronic (3C) related products. Its products are mainly used in computer peripherals, network equipment, communication products, industrial equipment and consumer electronic products, among others. The Company mainly exports its products to Asia, the Americas, Europe and other markets.
CHANNEL WELL TECHNOLOGY CO.,LTD. 