V-Tac Technology Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 01:51 pm EDT
Share
V-TAC Technology Co.,Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 495.330 million compared to TWD 367.370 million a year ago. Operating income was TWD 21.584 million compared to TWD 5.013 million a year ago. Net income was TWD 16.484 million compared to TWD 5.229 million a year ago. Basic earnings per share was TWD 0.46 compared to TWD 0.14 a year ago. For the half year, sales was TWD 758.224 million compared to TWD 637.189 million a year ago. Operating income was TWD 9.376 million compared to operating loss of TWD 5.464 million a year ago. Net income was TWD 12.265 million compared to TWD 835,000 a year ago. Basic earnings per share was TWD 0.34 compared to TWD 0.02 a year ago.
V-TAC TECHNOLOGY CO.,LTD. is a Taiwan-based company principally engaged in the design, manufacture and sales of integrated circuit (IC) firmware applications. The Company's main products include image and video IC application products, microprocessor IC application products, voice control IC application products and memory IC application products. The Company's products are mainly used in consumer electronics. The Company distributes its products in domestic market to overseas markets.