Everspring Industry Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 07:04 pm
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Everspring Industry Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 29.287 million compared to TWD 32.086 million a year ago. Operating loss was TWD 27.989 million compared to TWD 52.132 million a year ago. Net income was TWD 190.622 million compared to net loss of TWD 45.753 million a year ago. Basic earnings per share was TWD 0.89 compared to basic loss per share of TWD 0.22 a year ago. For the half year, sales was TWD 53.759 million compared to TWD 87.653 million a year ago. Operating loss was TWD 60.059 million compared to TWD 81.434 million a year ago. Net income was TWD 269.902 million compared to net loss of TWD 80.729 million a year ago. Basic earnings per share was TWD 1.26 compared to basic loss per share of TWD 0.38 a year ago.
Everspring Industry Co Ltd is a Taiwan-based company principally engaged in the manufacture, development and sale of smart home products. The Company's products include smart security and anti-theft automation systems, smart lighting products, smart sensors, alarms, and controller products. The Company mainly sells its products domestically and overseas.