Well Shin Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 03:08 pm
Share
Well Shin Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 1,096.279 million compared to TWD 1,346.736 million a year ago. Operating income was TWD 135.837 million compared to TWD 199.097 million a year ago. Net income was TWD 102.560 million compared to TWD 191.418 million a year ago. Basic earnings per share was TWD 0.87 compared to TWD 1.62 a year ago. Diluted earnings per share was TWD 0.87 compared to TWD 1.61 a year ago. For the half year, sales was TWD 1,993.852 million compared to TWD 2,495.029 million a year ago. Operating income was TWD 200.488 million compared to TWD 311.092 million a year ago. Net income was TWD 180.565 million compared to TWD 270.130 million a year ago. Basic earnings per share was TWD 1.53 compared to TWD 2.28 a year ago. Diluted earnings per share was TWD 1.52 compared to TWD 2.27 a year ago.
Well Shin Technology Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of power cord sets for electronics, information, motors and appliances. The Companyâs main products include power cord sets for consumer products and electrical appliances, plastic injection parts, sockets, conversion plugs and power supplies. The Company is also involved in the electronics assembly and foundry business. The Company's products are mainly used in computers, home appliances, large servers and electronic and electrical equipment. The Company distributes its products in domestic market and to overseas markets, such as the Americas, the rest of Asia and Europe.
WELL SHIN TECHNOLOGY CO., LTD. 
