Chia Chang Co., Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 01:51 pm EDT
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Chia Chang Co. Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 1,732.164 million compared to TWD 1,714.774 million a year ago. Operating income was TWD 159.525 million compared to TWD 161.012 million a year ago. Net income was TWD 127.429 million compared to TWD 212.879 million a year ago. Basic earnings per share was TWD 0.9 compared to TWD 1.5 a year ago. Diluted earnings per share was TWD 0.89 compared to TWD 1.49 a year ago. For the half year, sales was TWD 3,595.115 million compared to TWD 3,097.113 million a year ago. Operating income was TWD 393.492 million compared to TWD 283.557 million a year ago. Net income was TWD 288.073 million compared to TWD 249.202 million a year ago. Basic earnings per share was TWD 2.02 compared to TWD 1.75 a year ago. Diluted earnings per share was TWD 2.01 compared to TWD 1.74 a year ago.
Chia Chang Co., Ltd. is a Taiwan-based company principally engaged in the stamping business. The Company's main products are metal stamping bezels, metal stamping back covers, inverters, shielding, lamp covers, plates and brackets, among others. The Company's products are applied in the manufacture of mobile phones, notebook computers, liquid crystal display (LCD) monitors, LCD televisions (TVs), computer peripheral products, automobile LCD monitors and industrial computers, among others. The Company distributes its products within domestic and to overseas markets.