Cheng Uei Precision Industry Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 03:58 pm EDT
Share
Cheng Uei Precision Industry Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 20,999.056 million compared to TWD 20,774.638 million a year ago. Operating income was TWD 93.856 million compared to operating loss of TWD 582.252 million a year ago. Net income was TWD 193.602 million compared to net loss of TWD 422.055 million a year ago. Basic earnings per share was TWD 0.4 compared to basic loss per share of TWD 0.82 a year ago. For the half year, sales was TWD 40,246.702 million compared to TWD 39,748.612 million a year ago. Operating income was TWD 115.568 million compared to operating loss of TWD 1,222.061 million a year ago. Net income was TWD 291.162 million compared to net loss of TWD 927.896 million a year ago. Basic earnings per share was TWD 0.6 compared to basic loss per share of TWD 1.81 a year ago.
Cheng Uei Precision Industry Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of connectors. The Company's primary products include cable connectors, which are applied in universal serial bus (USB) connecting wires, connecting wires for game devices, digital cameras, mobile phones and data cables; communication connectors, which are applied in mobile phones, network peripheral devices, game consoles and other consumer electronics; battery modules, which are applied in mobile phones, notebook computers and other portable electronics; power management modules, as well as memory models. The Company is also involved in the retail business. The Company distributes its products in domestic and overseas markets.