Uvat Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 05, 2020 at 03:02 pm EDT
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UVAT Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 129.250 million compared to TWD 259.410 million a year ago. Operating income was TWD 7.031 million compared to TWD 42.888 million a year ago. Net income was TWD 8.408 million compared to TWD 45.559 million a year ago. Basic earnings per share was TWD 0.22 compared to TWD 1.17 a year ago. Diluted earnings per share was TWD 0.21 compared to TWD 1.17 a year ago. For the half year, sales was TWD 221.500 million compared to TWD 413.528 million a year ago. Operating income was TWD 3.190 million compared to TWD 42.794 million a year ago. Net income was TWD 5.239 million compared to TWD 48.766 million a year ago. Basic earnings per share was TWD 0.14 compared to TWD 1.25 a year ago. Diluted earnings per share was TWD 0.13 compared to TWD 1.24 a year ago.
UVAT Technology Co., Ltd. is mainly engaged in the provision of coating original equipment manufacturing (OEM) services and the manufacture and sale of vacuum sputtering equipment. The Company's coating OEM services include the surface coating processing of consumer electronics, anti-electro-magnetic interference (EMI) coating processing, various of optical coating services, non conductive vacuum metallization (NCVM) and high- and low-temperature indium tin oxide (ITO) coating services, among others. Its vacuum sputtering equipment includes in-line continuous sputters, plasma surface treatment machines, solar equipment, touch panel coating equipment and other types of coating equipment, among others. The Company distributes its products in domestic markets and to overseas markets.