High-Tek Harness Enterprise Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 08:49 pm
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High-Tek Harness Enterprise Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 865.013 million compared to TWD 812.398 million a year ago. Operating income was TWD 12.164 million compared to operating loss of TWD 18.576 million a year ago. Net income was TWD 11.285 million compared to TWD 21.933 million a year ago. Basic earnings per share was TWD 0.11 compared to TWD 0.22 a year ago. For the half year, sales was TWD 1,574.547 million compared to TWD 1,444.136 million a year ago. Operating income was TWD 754,000 compared to operating loss of TWD 31.715 million a year ago. Net loss was TWD 12.064 million compared to TWD 24.036 million a year ago. Basic loss per share was TWD 0.12 compared to TWD 0.24 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.