Gem Services, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 12, 2020 at 04:50 pm EDT
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GEM Services, Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 718.817 million compared to TWD 795.199 million a year ago. Operating income was TWD 129.597 million compared to TWD 159.041 million a year ago. Net income was TWD 129.358 million compared to TWD 129.762 million a year ago. Basic earnings per share was TWD 1 compared to TWD 1.01 a year ago. Diluted earnings per share was TWD 0.99 compared to TWD 1 a year ago.
GEM Services, Inc. is a Cayman Islands-based multinational semiconductor assembly and test contractor. The Company specializes in small-outline surface-mount packages for power management semiconductors. Its customers are semiconductor manufacturers who require both industry standard and advanced packaging solutions as part of their portfolio of value-added products for portable, battery-powered communications, computing systems, industry, and automobile applications. It operates two factories in Greater China: Shanghai, China; Hefei, China, which produces industry standard and advanced discrete, integrated circuits (IC) and multi-chip module (MCM) packages, including concepts co-developed with customers. The Companyâs products and services include packaging development, wafer processing, assembly services, electrical test, logistic services and reliability testing. Its electrical test includes discrete device electrical testing and analog and power IC electrical testing.
GEM SERVICES, INC. 
