Chang Wah Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 06, 2020 at 08:47 pm
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Chang Wah Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 2,437.795 million compared to TWD 2,250.917 million a year ago. Operating income was TWD 227.037 million compared to TWD 199.809 million a year ago. Net income was TWD 200.406 million compared to TWD 144.742 million a year ago. Basic earnings per share was TWD 0.57 compared to TWD 0.41 a year ago. For the half year, sales was TWD 4,591.983 million compared to TWD 4,406.909 million a year ago. Operating income was TWD 403.920 million compared to TWD 375.053 million a year ago. Net income was TWD 327.708 million compared to TWD 267.747 million a year ago. Basic earnings per share was TWD 0.93 compared to TWD 0.76 a year ago.
CHANG WAH TECHNOLOGY CO., LTD is a Taiwan-based lead frame manufacturer. The Company's main products is involved in integrated circuit (IC) lead frames, encapsulated resin and light emitting diode (LED) lead frames. The Company's products are used in the IC industry and the optoelectronic industry. The lead frame can be divided into three categories including integrated circuit lead frame, photovoltaic element lead frame and light emitting diode lead frame according to the different chips. The Company distributes its products mainly to Asia and Europe.
CHANG WAH TECHNOLOGY CO., LTD. 
