Topoint Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 06, 2020 at 02:05 pm EDT
Share
Topoint Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 738.806 million compared to TWD 771.177 million a year ago. Operating income was TWD 100.217 million compared to TWD 79.589 million a year ago. Net income was TWD 62.384 million compared to TWD 56.709 million a year ago. Basic earnings per share was TWD 0.44 compared to TWD 0.4 a year ago. For the half year, sales was TWD 1,339.338 million compared to TWD 1,430.218 million a year ago. Operating income was TWD 140.268 million compared to TWD 100.236 million a year ago. Net income was TWD 83.759 million compared to TWD 87.521 million a year ago. Basic earnings per share was TWD 0.59 compared to TWD 0.62 a year ago. Diluted earnings per share was TWD 0.58 compared to TWD 0.61 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.
TOPOINT TECHNOLOGY CO., LTD. 
