Ligitek Electronics Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 10, 2020 at 08:34 pm
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Ligitek Electronics Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 230.008 million compared to TWD 192.815 million a year ago. Operating income was TWD 37.710 million compared to TWD 6.769 million a year ago. Net income was TWD 40.086 million compared to TWD 4.030 million a year ago. Basic earnings per share was TWD 0.36 compared to TWD 0.04 a year ago. For the half year, sales was TWD 417.916 million compared to TWD 384.491 million a year ago. Operating income was TWD 51.547 million compared to TWD 14.710 million a year ago. Net income was TWD 52.767 million compared to TWD 68.196 million a year ago. Basic earnings per share was TWD 0.48 compared to TWD 0.6 a year ago.
Ligitek Electronics Co Ltd is a Taiwan-based company principally engaged in the manufacture, processing and sale of light emitting diode (LED) products and integrated circuit (IC) products. The main products include conventional LEDs, super brighter LEDs, white light LEDs, infra-red LEDs, photo pin diodes, photo transistors, seven segment displays, dot matrix displays, backlight displays, LED arrays, indoor and outdoor LED lighting modules, semiconductor lasers, photoelectric sensors, photoelectric system packaging components, solar cell modules and others. The products are applied in computers and peripheral products, information products, breeding industry, monitors, and others. The Company distributes its products in Taiwan, America, Europe, Asia, and other markets.