Answer Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 08:20 pm
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Answer Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 1,373.596 million compared to TWD 1,044.266 million a year ago. Operating income was TWD 69.484 million compared to TWD 67.712 million a year ago. Net income was TWD 72.701 million compared to TWD 49.247 million a year ago. Basic earnings per share was TWD 1.11 compared to TWD 0.75 a year ago. Diluted earnings per share was TWD 1.1 compared to TWD 0.74 a year ago. For the half year, sales was TWD 2,572.928 million compared to TWD 1,963.522 million a year ago. Operating income was TWD 122.744 million compared to TWD 130.560 million a year ago. Net income was TWD 110.174 million compared to TWD 92.730 million a year ago. Basic earnings per share was TWD 1.68 compared to TWD 1.41 a year ago. Diluted earnings per share was TWD 1.65 compared to TWD 1.39 a year ago.
Answer Technology Co Ltd is a Taiwan-based company principally engaged in the distribution of analog integrated circuits (ICs), mixed-signal ICs, logic ICs and ICs for special applications. The Company's brand agency business covers domestic and overseas brands, such as Analog Devices, Discera, GreenMark, ITE, Parade, TRINAMIC and Xilinx. The Company's products are applied in electronic products, industrial computers, wireless products, card readers, automotive electronics and others. The Company distributes its products within domestic market and to overseas markets.