Taiwan Chinsan Electronic Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 04:18 pm
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Taiwan Chinsan Electronic Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 948.828 million compared to TWD 923.039 million a year ago. Operating income was TWD 73.277 million compared to TWD 1.147 million a year ago. Net income was TWD 58.539 million compared to net loss of TWD 29.370 million a year ago. Basic earnings per share was TWD 0.48 compared to basic loss per share of TWD 0.24 a year ago. For the half year, sales was TWD 1,659.382 million compared to TWD 1,632.322 million a year ago. Operating income was TWD 68.637 million compared to operating loss of TWD 38.284 million a year ago. Net income was TWD 14.054 million compared to net loss of TWD 49.027 million a year ago. Basic earnings per share was TWD 0.12 compared to basic loss per share of TWD 0.4 a year ago.
TAIWAN CHINSAN ELECTRONIC INDUSTRIAL CO., LTD is a Taiwan-based company principally engaged in the manufacture, processing and sales of capacitors for aluminum electrolytic capacitors and solid electrolytic capacitors. The Company is mainly engaged in the provision of aluminum electrolytic capacitors, including standard products, mini-size products, large-size products, low impedance products, specialty products and solid capacitors. The Companyâs products are primarily applied in the manufacture of personal computers (PCs), notebook computers, television (TV) sets, office machines, household electrical appliances, communication products, power converters, lightening systems, electric power devices, air-conditioning systems, transmission belts, elevators, textile machines, welding machines and others.