Formosa Advanced Technologies Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2018
March 28, 2019 at 04:59 pm EDT
Share
Formosa Advanced Technologies Co., Ltd. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was TWD 8,785.525 million compared to TWD 7,888.494 million a year ago. Operating income was TWD 1,512.935 million compared to TWD 1,167.948 million a year ago. Net income was TWD 1,420.293 million compared to TWD 1,393.086 million a year ago. Basic earnings per share was TWD 3.21 compared to TWD 3.15 a year ago. Diluted earnings per share was TWD 3.2 compared to TWD 3.14 a year ago.
Formosa Advanced Technologies Co., Ltd. is a Taiwan-based company principally engaged in the provision of integrated circuit (IC) assembly and related testing services and module services. The Company provides services applied in thin small outline packages (TSOPs), small outline packages (SOPs), quad flat packages (QFPs), thin quad flat packages (TQFPs), ball grid array (BGA) packages, chip probing (CP) testing, solid state disk (SSD) testing, system-in-package (SIP) testing, embedded multimedia card (eMMC) testing, as well as cutting, grinding and testing of light emitting diodes (LED) wafers, among others. The Company operates its businesses principally in Taiwan, Hong Kong and South Korea.