Vate Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 05, 2020 at 01:53 pm EDT
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Vate Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 78.049 million compared to TWD 51.136 million a year ago. Operating income was TWD 9.960 million compared to operating loss of TWD 11.310 million a year ago. Net income was TWD 10.883 million compared to net loss of TWD 9.529 million a year ago. Basic earnings per share was TWD 0.13 compared to basic loss per share of TWD 0.12 a year ago. For the half year, sales was TWD 143.876 million compared to TWD 93.993 million a year ago. Operating income was TWD 10.030 million compared to operating loss of TWD 29.220 million a year ago. Net income was TWD 13.894 million compared to net loss of TWD 26.807 million a year ago. Basic earnings per share was TWD 0.17 compared to basic loss per share of TWD 0.34 a year ago.
VATE TECHNOLOGY CO., LTD. is a Taiwan-based company primarily engaged in central processing unit (CPU) testing business. The Company mainly provides logic testing services, including the testing of logic ICs, such as high-pin-count chipset ICs and communication ICs; power IC testing services, and CPU testing services, including the testing services of CPUs and peripheral products. The Company distributes its products in domestic market and to overseas markets.
VATE TECHNOLOGY CO., LTD. 
