Taiwan Line Tek Electronic Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 02:56 pm EDT
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Taiwan Line Tek Electronic Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 1,297.854 million compared to TWD 1,213.937 million a year ago. Operating income was TWD 78.946 million compared to TWD 31.156 million a year ago. Net income was TWD 97.382 million compared to TWD 25.169 million a year ago. Basic earnings per share was TWD 0.68 compared to TWD 0.18 a year ago. For the half year, sales was TWD 1,998.309 million compared to TWD 2,196.260 million a year ago. Operating income was TWD 49.173 million compared to TWD 13.213 million a year ago. Net income was TWD 65.069 million compared to TWD 36.319 million a year ago. Basic earnings per share was TWD 0.46 compared to TWD 0.25 a year ago.
TAIWAN LINE TEK ELECTRONIC CO., LTD is a Taiwan-based company principally engaged in the manufacture, processing and distribution of power cords and connecting cables. The Company provides power cords for computers and electrical appliances, as well as connecting cables for information peripheral products and telecommunication equipment. Its products are applied in household electrical appliances, computers, communication devices, consumer electronic products, information peripheral products and others. The Company distributes its products principally in Asia, the Americas and Europe.
TAIWAN LINE TEK ELECTRONIC CO., LTD. 
