Topoint Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
February 25, 2021 at 12:04 pm EST
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Topoint Technology Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was TWD 2,973.426 million compared to TWD 3,006.253 million a year ago. Operating income was TWD 468.306 million compared to TWD 307.102 million a year ago. Net income was TWD 281.985 million compared to TWD 190.275 million a year ago. Basic earnings per share was TWD 1.98 compared to TWD 1.34 a year ago. Diluted earnings per share was TWD 1.95 compared to TWD 1.32 a year ago.
TOPOINT TECHNOLOGY CO., LTD. is principally engaged in the manufacture and distribution of precision processing tools for printed circuit boards (PCBs). The Companyâs main products consist of drill bits, including straight drill, under cut drill and inverse drill types; router bits, including diamond cut, chip break and two blade router types, as well as slot drills and milling cutters. Its products are applied primarily in computer, communication and consumer electronic (3C) industries for the processing and cutting of integrated circuit (IC) substrates, high density interconnect (HDI) PCBs and traditional PCBs, among others. The Company distributes its products primarily in Taiwan, Mainland China and other regions.