Inpaq Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 04:34 pm EDT
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INPAQ Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 1,024.495 million compared to TWD 939.581 million a year ago. Operating income was TWD 35.636 million compared to operating loss of TWD 1.189 million a year ago. Net income was TWD 43.464 million compared to TWD 52.747 million a year ago. Basic earnings per share was TWD 0.29 compared to TWD 0.51 a year ago. Diluted earnings per share was TWD 0.29 compared to TWD 0.5 a year ago. For the half year, sales was TWD 1,888.358 million compared to TWD 1,823.179 million a year ago. Operating income was TWD 27.283 million compared to TWD 18.235 million a year ago. Net income was TWD 27.581 million compared to TWD 57.990 million a year ago. Basic earnings per share was TWD 0.19 compared to TWD 0.57 a year ago.
INPAQ TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of protection components and high-frequency components. The Company operates through two main segments. The Protection Components segment is mainly engaged in the research, manufacture and sales of electromagnetic prevention components, overvoltage protection components and over-current protection components. The High-frequency Components segment is primarily involved in the research, manufacture and sales of global positioning system (GPS) satellite antennas and modules, Bluetooth antennas, global system for mobile communications (GSM), code division multiple access (CDMA) and the third generation (3G) antennas, wireless local area network (WLAN) and wireless fidelity (WIFI), as well as various other antennas and modules. The Company distributes its products both in domestic market and to overseas markets.