Song Shang Electronics Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 04:09 pm
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Song Shang Electronics Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was TWD 1,003.829 million compared to TWD 1,195.136 million a year ago. Operating income was TWD 15.574 million compared to TWD 47.803 million a year ago. Net income was TWD 22.299 million compared to TWD 69.284 million a year ago. Basic earnings per share was TWD 0.27 compared to TWD 0.86 a year ago. Diluted earnings per share was TWD 0.26 compared to TWD 0.8 a year ago. For the half year, total revenue was TWD 2,063.322 million compared to TWD 2,331.416 million a year ago. Operating income was TWD 31.917 million compared to TWD 43.180 million a year ago. Net income was TWD 29.205 million compared to TWD 31.374 million a year ago. Basic earnings per share was TWD 0.36 compared to TWD 0.39 a year ago. Diluted earnings per share was TWD 0.33 compared to TWD 0.38 a year ago.
Song Shang Electronics Co Ltd is a Taiwan-based company principally engaged in the manufacture and distribution of printed circuit boards (PCBs). The main products include printed circuit boards and magnetic components. printed circuit board products include multi-layer printed circuit boards and single-sided and double-sided printed circuit boards, which are mainly used in consumer products, industrial control products, automotive peripheral products, and communication products. The magnetic components mainly include transformers and coils, which are mainly used in consumer products, communication products, information products, home appliances, and electric motor products. The Company distributes its products in Taiwan, China, Germany, Mexico, and other markets.