Ligitek Electronics Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 10, 2020 at 03:34 pm
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Ligitek Electronics Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 230.008 million compared to TWD 192.815 million a year ago. Operating income was TWD 37.710 million compared to TWD 6.769 million a year ago. Net income was TWD 40.086 million compared to TWD 4.030 million a year ago. Basic earnings per share was TWD 0.36 compared to TWD 0.04 a year ago. For the half year, sales was TWD 417.916 million compared to TWD 384.491 million a year ago. Operating income was TWD 51.547 million compared to TWD 14.710 million a year ago. Net income was TWD 52.767 million compared to TWD 68.196 million a year ago. Basic earnings per share was TWD 0.48 compared to TWD 0.6 a year ago.
LIGITEK ELECTRONICS CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of light emitting diode (LED) products and solar energy products. The Company's products include conventional LEDs, super brighter LEDs, white light LEDs, infra-red LEDs, photo pin diodes, photo transistors, seven segment displays, dot matrix displays, backlight displays, LED arrays, LED lighting modules, solar cell modules and others. The Company's products are applied in computers and peripheral products, communication products, consumer products, home appliances, such as refrigerators and televisions, office equipment, such as fax machines and photocopiers, automobile industry, lighting equipment, outdoor and indoor display boards, as well as traffic signals. The Company distributes its products in domestic market and to overseas markets.