High-Tek Harness Enterprise Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 12:02 am
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High-Tek Harness Enterprise Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 1,252.630 million compared to TWD 865.013 million a year ago. Operating income was TWD 108.868 million compared to TWD 12.164 million a year ago. Net income was TWD 27.530 million compared to TWD 11.285 million a year ago. Basic earnings per share was TWD 0.24 compared to TWD 0.11 a year ago. For the half year, sales was TWD 2,021.618 million compared to TWD 1,574.547 million a year ago. Operating income was TWD 118.645 million compared to TWD 754,000 a year ago. Net income was TWD 15.037 million compared to net loss of TWD 12.064 million a year ago. Basic earnings per share was TWD 0.13 compared to basic loss per share of TWD 0.12 a year ago.
High-Tek Harness Enterprise Co., Ltd is a Taiwan-based company principally engaged in the manufacture, processing and distribution of cable assemblies. The Company provides micro coaxial cable assemblies, which are applied in notebook computers, personal digital assistants (PDAs) and liquid crystal display (LCD) televisions; electronic cable assemblies, which are applied in notebook computers, ultra thin LCD monitors, servers, LCD televisions and other consumer electronics; antenna cable assemblies, which are applied in mobile phones, PDAs and notebook computers; junction coaxial cable assemblies, which are applied in digital cameras and digital video cameras, as well as cable assemblies for medical equipment. The Company mainly distributes its products in Taiwan, the rest of Asia and Central America.