Fittech Co.,Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 08:45 pm
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Fittech Co.,Ltd announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 748.960 million compared to TWD 1,095.698 million a year ago. Operating income was TWD 80.101 million compared to TWD 152.726 million a year ago. Net income was TWD 43.515 million compared to TWD 132.276 million a year ago. Basic earnings per share was TWD 0.65 compared to TWD 2.2 a year ago. Diluted earnings per share was TWD 0.65 compared to TWD 2.17 a year ago. For the half year, total revenue was TWD 1,644.574 million compared to TWD 2,035.532 million a year ago. Operating income was TWD 149.595 million compared to TWD 261.755 million a year ago. Net income was TWD 113.050 million compared to TWD 233.809 million a year ago. Basic earnings per share was TWD 1.69 compared to TWD 3.88 a year ago. Diluted earnings per share was TWD 1.68 compared to TWD 3.76 a year ago.
FITTECH CO.,LTD is a Taiwan-based company mainly engaged in research, development, manufacturing and sales of optical inspection equipment. The company is also engaged in the development, manufacture and sale of laser precision machinery and equipment, as well as testing foundry services. The company's main products include integrated light-emitting diode (LED) die / crystal garden spot measuring machine, automatic wafer tester, die counter, automatic upper and lower die machine and other LED testing equipment; laser precision machines such as laser cutting machines, laser welding machines and laser descaling machines. The company's products are mainly sold to Asia and other regions.