Key Ware Electronics Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 29, 2020 at 04:10 pm EDT
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Key Ware Electronics Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 1,255.128 million compared to TWD 1,216.749 million a year ago. Operating income was TWD 48.343 million compared to TWD 32.167 million a year ago. Net income was TWD 69.514 million compared to TWD 36.281 million a year ago. Basic earnings per share was TWD 0.42 compared to TWD 0.22 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.