Cypress Technology Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 02:02 pm EDT
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Cypress Technology Co.,Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 465.396 million compared to TWD 554.340 million a year ago. Operating income was TWD 60.284 million compared to TWD 94.253 million a year ago. Net income was TWD 23.431 million compared to TWD 80.137 million a year ago. Basic earnings per share was TWD 0.45 compared to TWD 1.56 a year ago. For the half year, sales was TWD 981.803 million compared to TWD 1,133.332 million a year ago. Operating income was TWD 134.383 million compared to TWD 182.339 million a year ago. Net income was TWD 85.915 million compared to TWD 154.495 million a year ago. Basic earnings per share was TWD 1.66 compared to TWD 3.01 a year ago. Diluted earnings per share was TWD 1.66 compared to TWD 3 a year ago.
CYPRESS TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of professional and intelligent audio-visual products and display products. The professional and intelligent audio-visual products include televisions (TVs) scalers, splitters, switchers, high definition multimedia interface (HDMI) video signal generators and extenders, video effect mixers, TV pattern generators and display port series. The professional and intelligent display products include liquid crystal displays (LCDs) and TV walls. The Company's products are applied in home theaters, conference centers, medical centers, shopping malls and cinemas, among others. The Company distributes its products within domestic market and to overseas markets, including the rest of Asia, the Americas and Europe.
CYPRESS TECHNOLOGY CO.,LTD. 
