Fuzetec Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
July 29, 2020 at 04:16 pm EDT
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Fuzetec Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 101.625 million compared to TWD 100.504 million a year ago. Operating income was TWD 24.028 million compared to TWD 17.030 million a year ago. Net income was TWD 18.982 million compared to TWD 16.566 million a year ago. Basic earnings per share was TWD 0.6 compared to TWD 0.59 a year ago. For the half year, sales was TWD 197.359 million compared to TWD 194.604 million a year ago. Operating income was TWD 40.927 million compared to TWD 33.232 million a year ago. Net income was TWD 34.935 million compared to TWD 32.459 million a year ago. Basic earnings per share was TWD 1.11 compared to TWD 1.16 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. 
