Promate Electronic Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 01:49 pm EDT
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Promate Electronic Co.,Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 6,633.087 million compared to TWD 5,948.895 million a year ago. Operating income was TWD 280.348 million compared to TWD 232.990 million a year ago. Net income was TWD 161.814 million compared to TWD 158.792 million a year ago. Basic earnings per share was TWD 0.9 compared to TWD 0.89 a year ago. Diluted earnings per share was TWD 0.89 compared to TWD 0.88 a year ago. For the half year, total revenue was TWD 12,206.136 million compared to TWD 10,774.717 million a year ago. Operating income was TWD 486.479 million compared to TWD 419.937 million a year ago. Net income was TWD 302.641 million compared to TWD 271.760 million a year ago. Basic earnings per share was TWD 1.69 compared to TWD 1.52 a year ago. Diluted earnings per share was TWD 1.65 compared to TWD 1.5 a year ago.
PROMATE ELECTRONIC CO., LTD is a Taiwan-based company principally engaged in the agency distribution of electronic components, as well as the development and sales of panel modules. The Company's main products include application-specific liquid crystal panels and related products, linear and distributed components, application chips, image processing integrated circuits, microcomputer controllers, light emitting diodes (LEDs) and memory devices. The Company distributes its products in Asia, the Americas and Europe markets.