Taiwan Chinsan Electronic Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 09:40 am EDT
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Taiwan Chinsan Electronic Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 923.039 million compared to TWD 966.013 million a year ago. Operating income was TWD 1.147 million compared to TWD 83.942 million a year ago. Net loss was TWD 29.370 million compared to net income of TWD 31.635 million a year ago. Basic loss per share was TWD 0.24 compared to basic earnings per share of TWD 0.28 a year ago. Diluted loss per share was TWD 0.24 compared to diluted earnings per share of TWD 0.27 a year ago. For the half year, sales was TWD 1,632.322 million compared to TWD 1,791.564 million a year ago. Operating loss was TWD 38.284 million compared to operating Income of TWD 88.346 million a year ago. Net loss was TWD 49.027 million compared to net income of TWD 125.598 million a year ago. Basic loss per share was TWD 0.04 compared to basic earnings per share of TWD 1.1 a year ago. Diluted loss per share was TWD 0.04 compared to diluted earnings per share of TWD 1.08 a year ago.
TAIWAN CHINSAN ELECTRONIC INDUSTRIAL CO., LTD is a Taiwan-based company principally engaged in the manufacture, processing and sales of capacitors for aluminum electrolytic capacitors and solid electrolytic capacitors. The Company is mainly engaged in the provision of aluminum electrolytic capacitors, including standard products, mini-size products, large-size products, low impedance products, specialty products and solid capacitors. The Companyâs products are primarily applied in the manufacture of personal computers (PCs), notebook computers, television (TV) sets, office machines, household electrical appliances, communication products, power converters, lightening systems, electric power devices, air-conditioning systems, transmission belts, elevators, textile machines, welding machines and others.