Taiwan Alpha Electronic Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 02:13 pm EDT
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Taiwan Alpha Electronic Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 120.629 million compared to TWD 137.572 million a year ago. Net income was TWD 13.497 million compared to TWD 8.400 million a year ago. Basic earnings per share was TWD 0.58 compared to TWD 0.23 a year ago. For the half year, sales was TWD 182.118 million compared to TWD 250.432 million a year ago. Net income was TWD 5.146 million compared to TWD 11.139 million a year ago. Basic earnings per share was TWD 0.22 compared to TWD 0.31 a year ago.
TAIWAN ALPHA ELECTRONIC CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of variable resistors. The Company's main products include variable resistors, switches, silicon rectifiers, encoders, thin film sensing components and others. The Company is also involved in the import and export trading of related raw materials and products, as well as the investment and operation businesses. The Company distributes its products to Asia, the Americas and Europe markets.
TAIWAN ALPHA ELECTRONIC CO., LTD. 
