Cipherlab Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 09, 2020 at 04:32 pm EDT
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Cipherlab Co.,Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 193.148 million compared to TWD 343.826 million a year ago. Operating loss was TWD 56.580 million compared to operating Income of TWD 486,000 a year ago. Net loss was TWD 39.782 million compared to net income of TWD 3.910 million a year ago. Basic loss per share was TWD 0.58 compared to basic earnings per share of TWD 0.06 a year ago. For the half year, total revenue was TWD 416.406 million compared to TWD 627.529 million a year ago. Operating loss was TWD 111.361 million compared to TWD 18.676 million a year ago. Net loss was TWD 82.793 million compared to TWD 9.378 million a year ago. Basic loss per share was TWD 1.21 compared to TWD 0.14 a year ago.
Cipherlab Co., Ltd. is a Taiwan-based company principally engaged in the research and development, manufacture and distribution of mobile computing systems and automatic data collection systems related products. The Companyâs primary products include handheld industrial computers, handheld automatic identification scanners and fixed terminal equipment. The Companyâs products are mainly used in the fields of warehousing management, assets management, inventory management, factory automation management and logistics automation management, among others. The Company mainly operates through five business segments: direct customers segment, agents segment, the United States of America (the USA) sales segment, China sales segment and others segment. The Company mainly exports its products to Europe, the Americas and Asia.