Gem Services, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 04:27 pm EDT
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GEM Services, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 1,014.357 million compared to TWD 848.222 million a year ago. Operating income was TWD 268.665 million compared to TWD 196.682 million a year ago. Net income was TWD 198.506 million compared to TWD 182.386 million a year ago. Basic earnings per share was TWD 1.54 compared to TWD 1.41 a year ago. Diluted earnings per share was TWD 1.53 compared to TWD 1.41 a year ago. For the half year, sales was TWD 1,733.174 million compared to TWD 1,643.421 million a year ago. Operating income was TWD 398.262 million compared to TWD 355.723 million a year ago. Net income was TWD 327.864 million compared to TWD 312.148 million a year ago. Basic earnings per share was TWD 2.54 compared to TWD 2.42 a year ago. Diluted earnings per share was TWD 2.52 compared to TWD 2.4 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. 
