Chia Chang Co., Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 01:46 pm
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Chia Chang Co. Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 1,842.144 million compared to TWD 1,732.164 million a year ago. Operating income was TWD 261.835 million compared to TWD 159.525 million a year ago. Net income was TWD 224.341 million compared to TWD 127.429 million a year ago. Basic earnings per share was TWD 1.58 compared to TWD 0.9 a year ago. Diluted earnings per share was TWD 1.57 compared to TWD 0.89 a year ago. For the half year, sales was TWD 3,224.709 million compared to TWD 3,595.115 million a year ago. Operating income was TWD 354.520 million compared to TWD 393.492 million a year ago. Net income was TWD 321.700 million compared to TWD 288.073 million a year ago. Basic earnings per share was TWD 2.26 compared to TWD 2.02 a year ago. Diluted earnings per share was TWD 2.24 compared to TWD 2.01 a year ago.
Chia Chang Co., Ltd. is a Taiwan-based company principally engaged in the stamping business. The Company's main products are metal stamping bezels, metal stamping back covers, inverters, shielding, lamp covers, plates and brackets, among others. The Company's products are applied in the manufacture of mobile phones, notebook computers, liquid crystal display (LCD) monitors, LCD televisions (TVs), computer peripheral products, automobile LCD monitors and industrial computers, among others. The Company distributes its products within domestic and to overseas markets.