Integrated Service Technology, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 06:04 am
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Integrated Service Technology, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 759.373 million compared to TWD 600.984 million a year ago. Operating income was TWD 56.986 million compared to operating loss of TWD 41.128 million a year ago. Net income was TWD 75.011 million compared to TWD 470,000 a year ago. Basic earnings per share from continuing operations was TWD 0.8 compared to TWD 0.07 a year ago. Basic earnings per share was TWD 0.8 compared to TWD 0.01 a year ago. Diluted earnings per share from continuing operations was TWD 0.77 compared to TWD 0.07 a year ago. Diluted earnings per share was TWD 0.77 compared to TWD 0.01 a year ago. For the half year, sales was TWD 1,502.279 million compared to TWD 1,089.220 million a year ago. Operating income was TWD 138.944 million compared to operating loss of TWD 138.604 million a year ago. Net income was TWD 144.899 million compared to net loss of TWD 112.172 million a year ago. Basic earnings per share from continuing operations was TWD 1.55 compared to basic loss per share from continuing operations of TWD 1.37 a year ago. Basic earnings per share was TWD 1.55 compared to basic loss per share of TWD 1.76 a year ago. Diluted earnings per share from continuing operations was TWD 1.5 compared to diluted loss per share from continuing operations of TWD 1.37 a year ago. Diluted earnings per share was TWD 1.5 compared to diluted loss per share of TWD 1.76 a year ago.
Integrated Service Technology Inc. is a Taiwan-based company primarily engaged in provision of confirmatory analysis and quality guarantee services. The Company provides focus ion beam (FIB) modification services; engineering sample preparation services, including integrated circuit (IC) packaging and integration, IC decapsulation services, surface mount technique (SMT) services and others; failure analysis, including non-destructive engineering, electric testing, defect detection and competitive analysis; reliability testing for IC products, printed circuit boards (PCBs) and system modules; material analysis, including structure observation, surface analysis, thermal analysis and component analysis, as well as registration, evaluation, authorisation and chemical analysis services. The Company mainly conducts its businesses in Taiwan, the Unites States and Mainland China.