Yufo Electronics Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 03:00 pm
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Yufo Electronics Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 414.482 million compared to TWD 391.808 million a year ago. Operating income was TWD 72.297 million compared to TWD 43.964 million a year ago. Net income was TWD 51.841 million compared to TWD 37.887 million a year ago. Basic earnings per share was TWD 0.86 compared to TWD 0.49 a year ago. For the half year, sales was TWD 663.723 million compared to TWD 722.254 million a year ago. Operating income was TWD 87.005 million compared to TWD 63.483 million a year ago. Net income was TWD 68.190 million compared to TWD 56.077 million a year ago. Basic earnings per share was TWD 1.41 compared to TWD 0.72 a year ago.
YUFO ELECTRONICS CO.,LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of various types of printed circuit boards. The Company's main products include multilayer printed circuit boards, double-sided printed circuit boards and others. The Company is also involved in the manufacture, processing and sales of electronic products and parts, as well as the provision of maintenance and installation services. The Company is also engaged in the sales of general chemical raw materials. The Company distributes its products in Hong Kong market.