Excel Cell Electronic Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
July 29, 2020 at 04:48 pm EDT
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Excel Cell Electronic Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 470.142 million compared to TWD 455.619 million a year ago. Operating income was TWD 27.545 million compared to operating loss of TWD 8.163 million a year ago. Net income was TWD 24.907 million compared to TWD 53.522 million a year ago. Basic earnings per share was TWD 0.23 compared to TWD 0.49 a year ago. Diluted earnings per share was TWD 0.23 compared to TWD 0.48 a year ago. For the half year, sales was TWD 856.939 million compared to TWD 907.207 million a year ago. Operating income was TWD 25.199 million compared to operating loss of TWD 8.704 million a year ago. Net income was TWD 92.559 million compared to TWD 117.185 million a year ago. Basic earnings per share was TWD 0.84 compared to TWD 1.06 a year ago.
EXCEL CELL ELECTRONIC CO., LTD. is a Taiwan-based company principally engaged in the processing, manufacture and trading of electronic components. The Companyâs primary products include switches, relays, terminal blocks, connectors and pressing parts, such as lead frames. Its products are applied in the manufacture of household electrical appliances, precision instruments, security products, communication products, computer peripheral products, integrated circuits (ICs) and others. The Company distributes its products primarily in Asia, Europe and the Americas.