Gallant Micro. Machining Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 03:36 pm EDT
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Gallant Micro. Machining Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 183.244 million compared to TWD 214.288 million a year ago. Operating income was TWD 19.629 million compared to TWD 33.671 million a year ago. Net income was TWD 20.663 million compared to TWD 31.658 million a year ago. Basic earnings per share was TWD 0.73 compared to TWD 1.12 a year ago. Diluted earnings per share was TWD 0.73 compared to TWD 1.11 a year ago. For the half year, sales was TWD 357.091 million compared to TWD 357.585 million a year ago. Operating income was TWD 13.472 million compared to TWD 42.824 million a year ago. Net income was TWD 18.496 million compared to TWD 40.325 million a year ago. Basic earnings per share was TWD 0.65 compared to TWD 1.43 a year ago. Diluted earnings per share was TWD 0.65 compared to TWD 1.4 a year ago.
GALLANT MICRO. MACHINING CO., LTD. is a Taiwan-based company principally engaged in the manufacture of semiconductor manufacturing equipment, as well as the provision of components and technical services. The Companyâs main products include Integrated Circuit (IC) packaging equipment, such as chip sorters, die bonders, auto molds and laser marks; IC packaging back ends, such as mold chases of auto molds, molds and precision components of punching machines; semiconductor automation machines, such as automatic tray exchange machines, fully auto sputter inline machines and automatic optical inspection machines. The Companyâs products are mainly sold in domestic market and other Asian areas as well.
GALLANT MICRO. MACHINING CO., LTD. 
