Asia Electronic Material Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 08, 2022 at 03:53 pm
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Asia Electronic Material Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 395.64 million compared to TWD 470.93 million a year ago. Net loss was TWD 6.57 million compared to net income of TWD 44.62 million a year ago. Basic loss per share from continuing operations was TWD 0.07 compared to basic earnings per share from continuing operations of TWD 0.45 a year ago. Diluted loss per share from continuing operations was TWD 0.07 compared to diluted earnings per share from continuing operations of TWD 0.45 a year ago.
For the six months, sales was TWD 828.14 million compared to TWD 918.9 million a year ago. Net income was TWD 33.42 million compared to TWD 83.41 million a year ago. Basic earnings per share from continuing operations was TWD 0.34 compared to TWD 0.85 a year ago. Diluted earnings per share from continuing operations was TWD 0.34 compared to TWD 0.84 a year ago.
Asia Electronic Material Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of electronic materials. The Companyâs products primarily include flexible copper clad laminates, coverlays, stiffeners, bonding sheets, electromagnetic interference shielding films and others. The Company's FCCL products are primarily applied in mobile phones, digital cameras, laptops, liquid crystal display (LCD) monitors, printers and others. The Company distributes its products both in domestic markets and to overseas markets.