Key Ware Electronics Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 11:16 am EDT
Share
Key Ware Electronics Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 291.218 million compared to TWD 320.066 million a year ago. Operating income was TWD 4.753 million compared to TWD 11.301 million a year ago. Net income was TWD 15.977 million compared to TWD 1.302 million a year ago. Basic earnings per share was TWD 0.1 compared to TWD 0.01 a year ago. For the half year, sales was TWD 565.250 million compared to TWD 598.390 million a year ago. Operating income was TWD 7.172 million compared to TWD 10.064 million a year ago. Net income was TWD 23.345 million compared to net loss of TWD 1.514 million a year ago. Basic earnings per share was TWD 0.14 compared to basic loss per share of TWD 0.01 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. 
