Leatec Fine Ceramics Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 09:54 am EDT
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LEATEC Fine Ceramics Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 231.969 million compared to TWD 180.464 million a year ago. Operating income was TWD 26.238 million compared to operating loss of TWD 39.973 million a year ago. Net loss was TWD 4.942 million compared to TWD 51.177 million a year ago. Basic loss per share was TWD 0.05 compared to TWD 0.47 a year ago. For the half year, sales was TWD 415.207 million compared to TWD 318.025 million a year ago. Operating income was TWD 12.842 million compared to operating loss of TWD 103.750 million a year ago. Net loss was TWD 31.892 million compared to TWD 115.536 million a year ago. Basic loss per share was TWD 0.3 compared to TWD 1.07 a year ago.
Leatec Fine Ceramics Co Ltd is a Taiwan-based company principally engaged in the design, manufacture, processing and trading of alumina ceramic substrates. The primary products include ceramic substrates for chip exclusion, ceramic substrates for chip resistors, ceramic substrates for hybrid integrated circuits, laser resistors, polished substrates, solar junction boxes, solar connectors, among others. The Company operates through two business segments. The Precision Ceramics segment is principally engaged in the production and sale of ceramic substrates. The Optoelectronic segment is principally engaged in the production and sale of solar connectors. The Company mainly distributes its products in Asia, America, Europe, among others.