Gallant Precision Machining Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 03, 2021 at 10:03 pm
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Gallant Precision Machining Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 1,460.392 million compared to TWD 726.612 million a year ago. Operating income was TWD 160.310 million compared to TWD 34.734 million a year ago. Net income was TWD 104.179 million compared to TWD 36.899 million a year ago. Basic earnings per share was TWD 0.65 compared to TWD 0.23 a year ago. For the half year, sales was TWD 2,525.705 million compared to TWD 1,365.255 million a year ago. Operating income was TWD 231.104 million compared to operating loss of TWD 8.436 million a year ago. Net income was TWD 166.045 million compared to TWD 11.882 million a year ago. Basic earnings per share was TWD 1.04 compared to TWD 0.07 a year ago.
Gallant Precision Machining Co., Ltd. is a Taiwan-based company principally engaged in the design, manufacture and sales of display process equipment, semiconductor process equipment and intelligent automation equipment. The Company provides integrated circuit (IC) packaging front-end equipment, IC packaging back-end equipment, as well as thin film transistor (TFT)-LCD, organic light-emitting diode (OLED), three dimensions (3D) displays and touch panel equipment. The Company also provides manufacture and test equipment for solar panels, as well as automation handling systems and others. The Company distributes its products in domestic market and to overseas markets.