Soaring Technology Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 01:52 pm EDT
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Soaring Technology Co.,Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 158.243 million compared to TWD 94.185 million a year ago. Operating income was TWD 4.846 million compared to TWD 7.334 million a year ago. Net income was TWD 5.163 million compared to TWD 31.677 million a year ago. Basic earnings per share was TWD 0.11 compared to TWD 0.65 a year ago. For the half year, sales was TWD 275.562 million compared to TWD 98.449 million a year ago. Operating income was TWD 6.621 million compared to TWD 2.198 million a year ago. Net income was TWD 7.372 million compared to TWD 35.630 million a year ago. Basic earnings per share was TWD 0.15 compared to TWD 0.73 a year ago.
SOARING TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the electronic components related businesses. The Companyâs primary businesses include the design, manufacture and distribution of liquid crystal displays (LCDs), computers and peripherals equipment and components, electric vehicles and bicycles. The Companyâs principal products include multimedia audio and video systems, LCD monitors, point of sale (POS) devices, open frame LCD monitors, high brightness products and LCD racks, as well as the components of LCDs. The Company mainly distributes its products within domestic market and to overseas markets, including the United States of America (the USA), Europe and other regions.
SOARING TECHNOLOGY CO.,LTD. 
