Sunonwealth Electric Machine Industry Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 05, 2020 at 01:34 pm
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Sunonwealth Electric Machine Industry Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 3,602.374 million compared to TWD 2,702.412 million a year ago. Operating income was TWD 429.671 million compared to TWD 155.541 million a year ago. Net income was TWD 370.746 million compared to TWD 157.072 million a year ago. Basic earnings per share was TWD 1.47 compared to TWD 0.62 a year ago. For the half year, sales was TWD 5,850.341 million compared to TWD 5,140.836 million a year ago. Operating income was TWD 514.831 million compared to TWD 221.505 million a year ago. Net income was TWD 467.452 million compared to TWD 206.106 million a year ago. Basic earnings per share was TWD 1.86 compared to TWD 0.82 a year ago.
Sunonwealth Electric Machine Industry Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of direct current (DC) brushless fans, thermal modules and blowers, as well as alternative current (AC) brushless fans and related products. The Company also provides heat pipe thermal modules, millimeter fans and fan tray products. Its products are applied in computers, computer peripheral products, consumer electronic products, network communication products, automobile electronics, as well as industrial and commercial equipment. The Company distributes its products mainly in Asia, Europe and the Americas.