Thintech Materials Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 04, 2020 at 10:24 am EDT
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ThinTech Materials Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 464.144 million compared to TWD 508.259 million a year ago. Operating income was TWD 24.615 million compared to TWD 16.550 million a year ago. Net income was TWD 9.829 million compared to TWD 60.322 million a year ago. Basic earnings per share was TWD 0.13 compared to TWD 0.82 a year ago. For the half year, sales was TWD 1,042.425 million compared to TWD 994.217 million a year ago. Operating income was TWD 31.691 million compared to TWD 7.680 million a year ago. Net income was TWD 20.411 million compared to TWD 96.554 million a year ago. Basic earnings per share was TWD 0.28 compared to TWD 1.31 a year ago.
ThinTech Materials Technology Co., Ltd. is principally engaged in the manufacture and distribution of thin film sputtering target products and precious metal materials. The Company main involves in the provision of thin film sputtering target products, which are applied in the manufacture of optical storage disks, flat panel displays, decoration coating products, microelectronic passive components, optical coating parts, wafers, chips and thin film solar batteries, among others, as well as the processing and distribution of gold and silver materials. In addition, it engages in the provision of special materials for optoelectronic devices. The Company distributes its products primarily in Taiwan, as well as the rest of Asia, Europe and the Americas.
THINTECH MATERIALS TECHNOLOGY CO., LTD. 
