Concraft Holding Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 07:56 pm
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Concraft Holding Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 937.444 million compared to TWD 1,215.314 million a year ago. Operating loss was TWD 32.825 million compared to operating Income of TWD 175.913 million a year ago. Net loss was TWD 65.024 million compared to net income of TWD 134.982 million a year ago. Basic loss per share was TWD 0.48 compared to basic earnings per share of TWD 1.09 a year ago. Diluted loss per share was TWD 0.48 compared to diluted earnings per share of TWD 0.97 a year ago. For the half year, sales was TWD 1,859.585 million compared to TWD 1,806.660 million a year ago. Operating loss was TWD 142.167 million compared to operating Income of TWD 78.461 million a year ago. Net loss was TWD 152.814 million compared to TWD 21.155 million a year ago. Basic loss per share was TWD 1.12 compared to TWD 0.17 a year ago. Diluted loss per share was TWD 1.12 compared to TWD 0.18 a year ago.
CONCRAFT HOLDING CO., LTD is a Taiwan-based company principally engaged in the research, development and manufacture of acoustic and optical products, as well as the design and processing of electronic connectors and module fixtures. The Company's main products include acoustic components, molds, thin film transistor-liquid crystal display (TFT-LCD) and set-top box series connectors, notebook (NB) and transmitter series connectors, Netcom series connectors and other connectors. The Company's products are mainly used in consumer electronics products, such as NBs, set-top boxes, liquid crystal display (LCD) televisions and handheld devices. The Company distributes its products in domestic market and to overseas markets, such as mainland China and the rest areas of Asia.