Solteam Electronics Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 10:01 am
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Solteam Electronics Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 1,068.397 million compared to TWD 1,050.412 million a year ago. Net income was TWD 35.218 million compared to TWD 30.573 million a year ago. Basic earnings per share was TWD 0.5 compared to TWD 0.44 a year ago. For the half year, sales was TWD 2,062.921 million compared to TWD 2,024.521 million a year ago. Net income was TWD 58.093 million compared to TWD 68.681 million a year ago. Basic earnings per share was TWD 0.83 compared to TWD 0.98 a year ago.
Solteam Inc is a Taiwan-based company mainly engaged in the development, manufacture and sale of electronic control devices and frequency conversion controllers. The Company's main products are electronic control devices and frequency conversion controllers. Electronic control devices are mainly used in televisions, tablet computers, notebook computers, mobile phones and digital cameras, game consoles, white goods, electric hand tool products, automobiles and other industrial products. Frequency conversion controllers are mainly used in white goods, electric hand tools, high-voltage connector products which applied to steam locomotives and energy storage industries and other industrial applications. The company distributes its products in domestic and overseas markets.
SOLTEAM INCORPORATION 
