Orange Electronic Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 08, 2019 at 04:46 pm EDT
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Orange Electronic Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 94.795 million compared to TWD 121.892 million a year ago. Operating income was TWD 6.098 million compared to TWD 4.424 million a year ago. Net income was TWD 5.393 million compared to TWD 6.306 million a year ago. Basic earnings per share was TWD 0.25 compared to TWD 0.29 a year ago. For the half year, sales was TWD 160.563 million compared to TWD 238.098 million a year ago. Operating loss was TWD 1.239 million compared to operating Income of TWD 597,000 a year ago. Net income was TWD 335,000 compared to TWD 3.921 million a year ago. Basic earnings per share was TWD 0.02 compared to TWD 0.18 a year ago.
Orange Electronic Co., Ltd. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of automotive wireless tire pressure detectors. The Company's main products include wireless tire pressure monitoring systems (TPMSs), tire pressure detectors and tire pressure detection kits. The Company distributes its products in domestic market and to overseas markets, such as the Americas, the rest areas of Asia and Europe.
ORANGE ELECTRONIC CO., LTD. 