Jhen Vei Electronic Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 11, 2019 at 08:18 pm EDT
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Jhen Vei Electronic Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 219.672 million compared to TWD 196.939 million a year ago. Operating income was TWD 4.221 million compared to operating loss of TWD 5.214 million a year ago. Net income was TWD 3.154 million compared to net loss of TWD 2.908 million a year ago. Basic earnings per share was TWD 0.08 compared to basic loss per share of TWD 0.1 a year ago. For the half year, sales was TWD 399.599 million compared to TWD 361.939 million a year ago. Operating loss was TWD 475,000 compared to TWD 19.156 million a year ago. Net loss was TWD 1.083 million compared to TWD 17.251 million a year ago. Basic loss per share was TWD 0.03 compared to TWD 0.6 a year ago.
Jhen Vei Electronic Co Ltd is a Taiwan-based company mainly engaged in the production, manufacture, and sale of electronic components. The electronic components are used in consumer electronics, industrial electronics, medical and automotive products. The Company provides electronic components back-end processing services, including surface mount technology (SMT), dual in line package (DIP), coating, assembly, testing and packaging services. The Company also provides system integration services for solar power plant sales and power plant construction and long-term maintenance. The Company distributes its products in Taiwan and other Asian markets.