Forcecon Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 04:24 pm
Share
Forcecon Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 1,597.038 million compared to TWD 1,169.208 million a year ago. Operating income was TWD 206.035 million compared to TWD 21.632 million a year ago. Net income was TWD 154.000 million compared to TWD 34.269 million a year ago. Basic earnings per share was TWD 2.52 compared to TWD 0.61 a year ago. Diluted earnings per share was TWD 2.38 compared to TWD 0.61 a year ago. For the half year, sales was TWD 2,497.149 million compared to TWD 2,157.673 million a year ago. Operating income was TWD 203.983 million compared to TWD 8.691 million a year ago. Net income was TWD 159.224 million compared to TWD 14.793 million a year ago. Basic earnings per share was TWD 2.67 compared to TWD 0.26 a year ago. Diluted earnings per share was TWD 2.55 compared to TWD 0.26 a year ago.
Forcecon Tech. Co., Ltd. is principally engaged in the design, manufacture, processing and sales of thermal modules and fans. The Companyâs main products include thermal modules and fans used in laptops, desktop computers and high-end servers. The company is also engaged in the development of thermal modules applied in Light Emitting Diode (LED) lightings, LED car headlights and intelligent mobile phones. The Company distributes its products principally in Asia and Europe.