Taiwan Oasis Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 01:22 pm EDT
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Taiwan Oasis Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 80.138 million compared to TWD 110.473 million a year ago. Operating loss was TWD 9.810 million compared to TWD 3.459 million a year ago. Net income was TWD 5.053 million compared to net loss of TWD 2.246 million a year ago. Basic earnings per share was TWD 0.06 compared to basic loss per share of TWD 0.03 a year ago. For the half year, sales was TWD 149.995 million compared to TWD 203.777 million a year ago. Operating loss was TWD 24.426 million compared to TWD 13.221 million a year ago. Net loss was TWD 6.441 million compared to net income of TWD 2.651 million a year ago. Basic loss per share was TWD 0.08 compared to basic earnings per share of TWD 0.03 a year ago.
TAIWAN OASIS TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the design, development, manufacture and distribution of light emitting diode (LED) related products. The Company's primary products include LED indicator lights, LED displays, electronic reflection covers, surface mounted device (SMD) LED products, LED monitors, LED wafers and chips. The Company mainly operates through three business segments. The LED Optoelectronic Products segment is mainly engaged in the design, development, manufacture and processing of LED products. The Epitaxy Products segment is principally engaged in the development, manufacture and trading of LED grain. The Others segment is mainly engaged in the design, manufacture and processing of plastic moulds.