Allied Circuit Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 05, 2020 at 03:50 pm
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Allied Circuit Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 2,015.627 million compared to TWD 2,592.232 million a year ago. Operating income was TWD 267.349 million compared to TWD 448.821 million a year ago. Net income was TWD 222.022 million compared to TWD 366.180 million a year ago. Basic earnings per share was TWD 4.46 compared to TWD 7.36 a year ago. Diluted earnings per share was TWD 4.43 compared to TWD 7.28 a year ago.
Allied Circuit Co Ltd is principally engaged in the manufacture and distribution of printed circuit boards (PCBs). The Company primarily provides multi-layer PCBs and high density interconnect (HDI) boards. The Company's double-sided PCBs are mainly used in terminals, fax machines, computer peripheral equipment, industrial instruments and general communications equipment, among others. Its multi-layer PCBs are mainly applied in computer and related peripherals, consumer electronics, data storage devices, servers, computer workstations, precise testers, communications equipment, industrial control instruments and medical devices, among others. The Company mainly distributes its products to domestic and Asia market.