Gem Terminal Industry Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 06:38 pm
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GEM Terminal Industry Co.,Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 913.887 million compared to TWD 1,071.158 million a year ago. Operating loss was TWD 1.410 million compared to TWD 19.350 million a year ago. Net loss was TWD 2.643 million compared to TWD 10.872 million a year ago. Basic loss per share was TWD 0.02 compared to TWD 0.06 a year ago. For the half year, sales was TWD 1,691.763 million compared to TWD 2,001.895 million a year ago. Operating loss was TWD 1.394 million compared to TWD 32.011 million a year ago. Net loss was TWD 35.269 million compared to TWD 43.314 million a year ago. Basic loss per share was TWD 0.21 compared to TWD 0.26 a year ago.
Gem Terminal Ind. Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of connectors. The Company's products are mainly used in the manufacturing of electronic communication, automobile transportation and electric appliance plugs. The Company is also engaged in the provision of raw materials, ceramic ferrules, bushings and molds. The Company mainly distributes its products in Mainland China and Taiwan markets.