Taiwan Line Tek Electronic Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 05:56 pm
Share
Taiwan Line Tek Electronic Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 1,213.937 million compared to TWD 1,109.230 million a year ago. Operating income was TWD 31.156 million compared to operating loss of TWD 51.894 million a year ago. Net income was TWD 25.169 million compared to net loss of TWD 11.256 million a year ago. Basic earnings per share was TWD 0.18 compared to basic loss per share of TWD 0.08 a year ago. For the half year, sales was TWD 2,196.260 million compared to TWD 1,991.947 million a year ago. Operating income was TWD 13.213 million compared to operating loss of TWD 119.518 million a year ago. Net income was TWD 36.319 million compared to net loss of TWD 123.726 million a year ago. Basic earnings per share was TWD 0.25 compared to basic loss per share of TWD 0.87 a year ago.
TAIWAN LINE TEK ELECTRONIC CO., LTD is a Taiwan-based company principally engaged in the manufacture, processing and distribution of power cords and connecting cables. The Company provides power cords for computers and electrical appliances, as well as connecting cables for information peripheral products and telecommunication equipment. Its products are applied in household electrical appliances, computers, communication devices, consumer electronic products, information peripheral products and others. The Company distributes its products principally in Asia, the Americas and Europe.