Golden Long Teng Development Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 02:42 pm EDT
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Golden Long Teng Development Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 166.103 million compared to TWD 475.738 million a year ago. Operating income was TWD 16.876 million compared to TWD 42.444 million a year ago. Net income was TWD 10.637 million compared to TWD 35.164 million a year ago. Basic earnings per share was TWD 0.09 compared to TWD 0.39 a year ago. For the half year, sales was TWD 315.696 million compared to TWD 1,022.020 million a year ago. Operating income was TWD 29.527 million compared to TWD 102.751 million a year ago. Net income was TWD 18.780 million compared to TWD 98.858 million a year ago. Basic earnings per share was TWD 0.16 compared to TWD 1.09 a year ago.
Golden Long Teng Development Co., Ltd. is a Taiwan-based company principally engaged in the design, manufacture and sales of integrated circuits (IC) products. The products of the Company include linear regulators, microprocessor resets, boost direct current to direct current (DC/DC) converters and controllers, chargers and analog switches, among others. Its products are applied in network sector, computers, flat panel displays, portable devices and automotive chargers and control chips of power banks. The Company operates businesses in Asia, America and Europe.