Song Shang Electronics Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 04:36 pm
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Song Shang Electronics Co.,Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 1,076.027 million compared to TWD 1,003.829 million a year ago. Operating income was TWD 88.833 million compared to TWD 15.574 million a year ago. Net income was TWD 50.367 million compared to TWD 22.299 million a year ago. Basic earnings per share was TWD 0.62 compared to TWD 0.27 a year ago. Diluted earnings per share was TWD 0.61 compared to TWD 0.26 a year ago. For the half year, total revenue was TWD 1,833.631 million compared to TWD 2,063.322 million a year ago. Operating income was TWD 84.350 million compared to TWD 31.917 million a year ago. Net income was TWD 57.230 million compared to TWD 29.205 million a year ago. Basic earnings per share was TWD 0.71 compared to TWD 0.36 a year ago. Diluted earnings per share was TWD 0.69 compared to TWD 0.33 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.