Key Ware Electronics Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 12:32 pm EDT
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Key Ware Electronics Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 320.066 million compared to TWD 314.800 million a year ago. Operating income was TWD 11.301 million compared to TWD 15.414 million a year ago. Net income was TWD 1.302 million compared to TWD 12.169 million a year ago. Basic earnings per share was TWD 0.01 compared to TWD 0.07 a year ago. For the half year, sales was TWD 598.390 million compared to TWD 606.131 million a year ago. Operating income was TWD 10.064 million compared to TWD 20.928 million a year ago. Net loss was TWD 1.514 million compared to net income of TWD 16.698 million a year ago. Basic loss per share was TWD 0.01 compared to basic earnings per share of TWD 0.1 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.
KEY WARE ELECTRONICS CO., LTD. 
