Daito Me Holdings Co., Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 05:56 pm EDT
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Daito Me Holdings Co. Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 355.577 million compared to TWD 791.694 million a year ago. Operating loss was TWD 3.924 million compared to operating Income of TWD 42.377 million a year ago. Net income was TWD 1.898 million compared to TWD 30.032 million a year ago. Basic earnings per share was TWD 0.08 compared to TWD 1.19 a year ago. For the half year, sales was TWD 807.601 million compared to TWD 1,624.564 million a year ago. Operating income was TWD 2.189 million compared to TWD 95.407 million a year ago. Net income was TWD 5.433 million compared to TWD 64.979 million a year ago. Basic earnings per share was TWD 0.22 compared to TWD 2.58 a year ago. Diluted earnings per share was TWD 0.22 compared to TWD 2.57 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.