Jia Wei Lifestyle, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 10:38 pm
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Jia Wei Lifestyle, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 820.429 million compared to TWD 15.690 million a year ago. Operating income was TWD 102.145 million compared to operating loss of TWD 16.606 million a year ago. Net income was TWD 95.390 million compared to net loss of TWD 9.968 million a year ago. Basic earnings per share was TWD 1.32 compared to basic loss per share of TWD 0.13 a year ago. For the half year, sales was TWD 2,322.946 million compared to TWD 31.538 million a year ago. Operating income was TWD 393.035 million compared to operating loss of TWD 30.377 million a year ago. Net income was TWD 374.741 million compared to net loss of TWD 20.029 million a year ago. Basic earnings per share was TWD 5.18 compared to basic loss per share of TWD 0.26 a year ago. Diluted earnings per share was TWD 5.17 compared to diluted loss per share of TWD 0.26 a year ago.
Jia Wei Lifestyle, Inc., formerly Gamma Optical Co., LTD. is a Taiwan-based company principally engaged in the international trading business of household goods. The Company currently operates in two businesses. The household goods business is mainly engaged in the international trade of catering supplies. The materials are acrylic and melamine. The products include multiple shapes and designs. The optical products business provides diffusion films for thin film transistors (TFT-LCD), reflectors, cymbals, composite films, light guide films, precision mold processing of optical films, and related raw materials for optical films. The Company's products are sold to Taiwan, the rest regions of Asia, and the Americas.