Fit Holding Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 07:38 pm EDT
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FIT Holding Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 1,429.580 million compared to TWD 1,882.013 million a year ago. Operating loss was TWD 42.070 million compared to TWD 126.112 million a year ago. Net loss was TWD 74.632 million compared to TWD 82.716 million a year ago. Basic loss per share was TWD 0.3 compared to TWD 0.34 a year ago. For the half year, sales was TWD 3,040.655 million compared to TWD 3,866.167 million a year ago. Operating loss was TWD 164.417 million compared to TWD 283.002 million a year ago. Net loss was TWD 157.273 million compared to TWD 243.854 million a year ago. Basic loss per share was TWD 0.64 compared to TWD 0.99 a year ago.
FIT Holding Co., Ltd. is a Taiwan-based company mainly engaged in general investment business. Through its investment holding company subsidiaries, the Company also conducts the trading of Apple products and peripherals, the manufacturing and trading of electronic products, the manufacturing and trading of mobile peripheral products, the development and maintenance of renewable energy, and the research, development, manufacture of wired and wireless cloud image scanners and image identification devices, and the provision of labor and processing services, the research, design, development, manufacturing and sales of optical and optical communication components, including optical lens sets, mainly used in smartphones, tablets, game consoles and fiber optic networks product connectors.