Securitag Assembly Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 05, 2020 at 05:16 pm EDT
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Securitag Assembly Group Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 259.953 million compared to TWD 208.316 million a year ago. Operating income was TWD 28.239 million compared to TWD 14.210 million a year ago. Net income was TWD 27.003 million compared to TWD 13.130 million a year ago. Basic earnings per share was TWD 0.76 compared to TWD 0.37 a year ago.
Securitag Assembly Group Co., Ltd. is a Taiwan-based company mainly engaged in the manufacture and distribution of radio frequency identification (RFID) tags and RFID labels. The Company mainly provides RFID tags, including silicone bangle wristbands, metal stick tags, laundry tags and others, and RFID labels, including smart labels, cube smart labels, tamper proof labels and others. The Company also provides proximity cards, including clamshell cards, key tag cards, thermo rewrite cards and others; RFID keyfobs, including sailboat keyfobs, thumb keyfobs, pear epoxy keyfobs, mini keyfobs, arch keyfob tags, translucent keyfobs and others, and inlay products, such as cube inlays. Its products are used in gate systems, electronic wallets, member cards, asset management and other areas. The Company distributes its products within domestic market and to overseas markets.
SECURITAG ASSEMBLY GROUP CO., LTD. 
