Paragon Technologies Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 04:45 pm EDT
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Paragon Technologies Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 143.025 million compared to TWD 142.918 million a year ago. Operating loss was TWD 28.449 million compared to TWD 69.435 million a year ago. Net loss was TWD 34.504 million compared to TWD 72.513 million a year ago. Basic loss per share was TWD 0.44 compared to TWD 0.92 a year ago. For the half year, sales was TWD 257.427 million compared to TWD 278.195 million a year ago. Operating loss was TWD 39.224 million compared to TWD 135.328 million a year ago. Net loss was TWD 47.778 million compared to TWD 158.792 million a year ago. Basic loss per share was TWD 0.6 compared to TWD 2.01 a year ago.
Paragon Technologies Co., Ltd is a Taiwan-based company principally engaged in Electromagnetic Interference (EMI) Shielding surface treatment and rim appearance coating surface treatment. The Company's products and services are applied in the surface processing and coating of mobile phones, personal digital assistants (PDAs), global positioning systems (GPSs), notebook computers, touch panels, liquid crystal displays (LCDs) and automobile spare parts, among others. The Company operates its business through three segments: equipment sales and services, EMI and AP. The Company operates its businesses primarily in Asia.