Walton Advanced Engineering, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 13, 2020 at 02:13 pm EDT
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Walton Advanced Engineering, Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced total revenue was TWD 1,568.693 million compared to TWD 1,627.384 million a year ago. Operating loss was TWD 24.410 million compared to TWD 138.737 million a year ago. Net loss was TWD 132.921 million compared to TWD 112.747 million a year ago. Basic loss per share was TWD 0.27 compared to TWD 0.22 a year ago.
WALTON ADVANCED ENGINEERING, INC. is a Taiwan-based company principally engaged in the packaging and testing business. The Company mainly provides assembly and testing services. The Company provides thin small-outline package (TSOP) integrated circuits (ICs), ball grid array (BGA) ICs, multi-chip stacking package (MCP), chip scale package (CSP) and trench BGA, flash memory products, micro-secure digital (SD) cards, memory modules, universal serial bus (USB), three dimensional (3D) stack up products and package on package (POP) products, among others. The Company distributes its products within domestic market and to overseas markets.
WALTON ADVANCED ENGINEERING, INC. 
