Fuzetec Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 11, 2019 at 10:49 am EDT
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Fuzetec Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 100.504 million compared to TWD 112.822 million a year ago. Operating income was TWD 17.030 million compared to TWD 24.375 million a year ago. Net income was TWD 16.566 million compared to TWD 27.101 million a year ago. Basic earnings per share was TWD 0.59 compared to TWD 0.97 a year ago. For the half year, sales was TWD 194.604 million compared to TWD 215.779 million a year ago. Operating income was TWD 33.232 million compared to TWD 43.202 million a year ago. Net income was TWD 32.459 million compared to TWD 40.199 million a year ago. Basic earnings per share was TWD 1.16 compared to TWD 1.44 a year ago.
Fuzetec Technology Co., Ltd. is engaged in the manufacture of electronic components. The Company is mainly involved in the research, development, manufacture and distribution of polymeric positive temperature coefficient resettable fuses (PPTC), which are used in vehicles, communication networks, industrial control automation and green energy field, among others. The Company mainly distributes its products within domestic and overseas markets.
FUZETEC TECHNOLOGY CO., LTD. 
