Taihan Precision Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 01:08 pm EDT
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Taihan Precision Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 350.680 million compared to TWD 584.066 million a year ago. Operating loss was TWD 24.284 million compared to operating Income of TWD 20.813 million a year ago. Net income was TWD 187.534 million compared to TWD 26.027 million a year ago. Basic earnings per share was TWD 2.43 compared to TWD 0.31 a year ago. Diluted earnings per share was TWD 2.43 compared to TWD 0.3 a year ago. For the half year, sales was TWD 816.760 million compared to TWD 1,138.467 million a year ago. Operating loss was TWD 14.319 million compared to operating Income of TWD 34.971 million a year ago. Net income was TWD 190.922 million compared to TWD 28.391 million a year ago. Basic earnings per share was TWD 2.45 compared to TWD 0.34 a year ago. Diluted earnings per share was TWD 2.43 compared to TWD 0.33 a year ago.
TAIHAN PRECISION TECHNOLOGY CO., LTD. is principally engaged in the design, manufacture and sales of plastic products and molds. The Companyâs products include injection molds, metal stamping molds, aluminum alloy molds and plastic components. The Companyâs products are applied in the manufacture of computer, communication and consumer electronics (3C) products, including multi-functional machines, mobile phones, portable printers, notebook computers and digital cameras, among others. The Company distributes its products primarily in Taiwan, other Asian markets and Latin America.