Daito Me Holdings Co., Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 01:12 pm EDT
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Daito Me Holdings Co. Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 791.694 million compared to TWD 612.234 million a year ago. Operating income was TWD 42.377 million compared to TWD 13.742 million a year ago. Net income was TWD 30.032 million compared to TWD 11.274 million a year ago. Basic earnings per share was TWD 1.19 compared to TWD 0.45 a year ago. For the half year, sales was TWD 1,624.564 million compared to TWD 1,199.564 million a year ago. Operating income was TWD 95.407 million compared to TWD 34.042 million a year ago. Net income was TWD 64.979 million compared to TWD 48.697 million a year ago. Basic earnings per share was TWD 2.58 compared to TWD 1.93 a year ago. Diluted earnings per share was TWD 2.57 compared to TWD 1.93 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.