Huang Long Development Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 07:48 pm
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Huang Long Development Co.,Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 983.154 million compared to TWD 293.789 million a year ago. Operating income was TWD 106.746 million compared to operating loss of TWD 3.736 million a year ago. Net income was TWD 106.674 million compared to TWD 315,000 a year ago. Basic earnings per share was TWD 1.5. Basic earnings per share from continuing operations was TWD 1.5. For the half year, sales was TWD 1,244.173 million compared to TWD 762.519 million a year ago. Operating income was TWD 87.559 million compared to TWD 29.486 million a year ago. Net income was TWD 88.405 million compared to TWD 33.529 million a year ago. Basic earnings per share was TWD 1.25 compared to TWD 0.47 a year ago. Diluted earnings per share was TWD 1.24 compared to TWD 0.47 a year ago.
Huang Long Development Co.,Ltd., formerly Neng Tyi Precision Industries Co., Ltd., is a Taiwan-based company engaged in the manufacture and distribution of heat sinks and components. The company's products include mobile phone components, notebook (NB) /desktop (DT) cooling components, consumer electronics cooling components. The mobile phone components are applied in the precision stamping parts of the internal structure. The NB/DT cooling components are applied in radiators and radiator-related stamping parts of notebook computers, desktop computers and servers. The consumer electronics cooling components are applied in various types of consumer electronics components. The Company is also engaged in the manufacture and distribution of Light Emitting Diode (LED) lightings and the provision of labor services. The Company distributes its products within domestic market and overseas markets.