Gallant Micro. Machining Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 10, 2020 at 12:08 pm EDT
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Gallant Micro. Machining Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 173.847 million compared to TWD 143.297 million a year ago. Operating loss was TWD 6.157 million compared to operating Income of TWD 9.153 million a year ago. Net loss was TWD 2.167 million compared to net income of TWD 8.667 million a year ago. Basic loss per share was TWD 0.08 compared to basic earnings per share of TWD 0.31 a year ago. Diluted loss per share was TWD 0.08 compared to diluted earnings per share of TWD 0.3 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.