Gallant Micro. Machining Co., Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 09:39 am EDT
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Gallant Micro. Machining Co. Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 214.288 million compared to TWD 244.479 million a year ago. Operating income was TWD 33.671 million compared to TWD 33.520 million a year ago. Net income was TWD 31.658 million compared to TWD 38.564 million a year ago. Basic earnings per share was TWD 1.12 compared to TWD 1.5 a year ago. Diluted earnings per share was TWD 1.11 compared to TWD 1.49 a year ago. For the half year, sales was TWD 357.585 million compared to TWD 427.865 million a year ago. Operating income was TWD 42.824 million compared to TWD 48.305 million a year ago. Net income was TWD 40.325 million compared to TWD 34.587 million a year ago. Basic earnings per share was TWD 1.43 compared to TWD 1.34 a year ago. Diluted earnings per share was TWD 1.4 compared to TWD 1.33 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. 
