Daito Me Holdings Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
May 14, 2020 at 12:20 pm EDT
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Daito Me Holdings Co. Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 452.024 million compared to TWD 832.870 million a year ago. Operating income was TWD 6.113 million compared to TWD 53.030 million a year ago. Net income was TWD 3.535 million compared to TWD 34.947 million a year ago. Basic earnings per share was TWD 0.14 compared to TWD 1.39 a year ago. Diluted earnings per share was TWD 0.14 compared to TWD 1.38 a year ago.
Daito Me Holdings Co., Ltd is a Cayman Islands-based company engaged in the wholesale business of electrical and electronic parts, the automation business of industrial management, and the embedded personal computer (PC) business of industrial use. In addition, the Company integrates the supply chain, with manufacturing as the center, and provides complete upstream and downstream industry chain manufacturing services. The Company provides its products to the automotive industry, the industrial machinery industry, and other industries. Its product range includes central processing unit (CPU) motherboards, control machine components, servo motors, power supplies, connectors and others. It provides industrial PC (i-PC) products; open frames, which is a designed frame structure according to customer requirements; motherboard forms, including visual inspection, performance inspection and other for a range of services according to customer requirements.