Key Ware Electronics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 14, 2019 at 09:28 am EDT
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Key Ware Electronics Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 278.324 million compared to TWD 291.331 million a year ago. Operating loss was TWD 1.237 million compared to operating Income of TWD 5.514 million a year ago. Net loss was TWD 2.816 million compared to net income of TWD 4.529 million a year ago. Basic loss per share was TWD 0.02 compared to basic earnings per share of TWD 0.03 a year ago.
KEY WARE ELECTRONICS CO., LTD. is a Taiwan-based company principally engaged in the design, manufacture and distribution of drill bits. The Companyâs primary products include drill bits ranging from 0.075 millimeter to 6.5 millimeters. These products are mainly used in the manufacture of printed circuit boards (PCBs), such as flexible circuit boards, hard single-sided circuit boards, hard double-sided boards, aluminum substrates and integrated circuit boards. The Company is also engaged in the provision of value-added services related to the manufacturing of drill bits. The Company mainly operates through two business segments: drill bits business segment and trading business segment. The Company mainly distributes its products in domestic and overseas markets, including the Americas, Europe and other Asian markets.