Phihong Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 06, 2020 at 04:03 pm EDT
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Phihong Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 2,457.198 million compared to TWD 2,709.937 million a year ago. Operating loss was TWD 72.982 million compared to TWD 51.459 million a year ago. Net loss was TWD 34.079 million compared to TWD 11.345 million a year ago. Basic loss per share was TWD 0.1 compared to TWD 0.03 a year ago. For the half year, sales was TWD 4,056.351 million compared to TWD 5,455.429 million a year ago. Operating loss was TWD 251.464 million compared to TWD 122.408 million a year ago. Net loss was TWD 195.528 million compared to TWD 95.141 million a year ago. Basic loss per share was TWD 0.58 compared to TWD 0.28 a year ago.
PHIHONG TECHNOLOGY CO., LTD is a Taiwan-based company principally engaged in the research, development, manufacturing and distribution of power supplies. The Companyâs primary products include wall mount adapters, battery chargers, car chargers, direct current (DC) modules, liquid crystal display (LCD) panel adapters, open frame power products, LCD panel inverters and electronic ballasts. Its products are mainly used in mobile phones, personal digital assistants (PDAs), digital cameras and game console fields. The Company mainly distributes its products in Asian, European and American markets.