Formosa Advanced Technologies Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 01:40 pm EDT
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Formosa Advanced Technologies Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 2,269.832 million compared to TWD 2,227.335 million a year ago. Operating income was TWD 357.417 million compared to TWD 485.017 million a year ago. Net income was TWD 343.975 million compared to TWD 443.118 million a year ago. Basic earnings per share was TWD 0.78 compared to TWD 1 a year ago. For the half year, sales was TWD 4,442.798 million compared to TWD 4,275.071 million a year ago. Operating income was TWD 661.654 million compared to TWD 838.169 million a year ago. Net income was TWD 600.189 million compared to TWD 725.407 million a year ago. Basic earnings per share was TWD 1.36 compared to TWD 1.64 a year ago. Diluted earnings per share was TWD 1.35 compared to TWD 1.64 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.
FORMOSA ADVANCED TECHNOLOGIES CO., LTD. 
