Min Aik Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 09, 2022
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Min Aik Technology Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 957.39 million compared to TWD 970.4 million a year ago. Net income was TWD 74.21 million compared to TWD 41.39 million a year ago. Basic earnings per share from continuing operations was TWD 0.54 compared to TWD 0.3 a year ago. Diluted earnings per share from continuing operations was TWD 0.54 compared to TWD 0.3 a year ago.
For the six months, sales was TWD 1,925.11 million compared to TWD 1,840.92 million a year ago. Net income was TWD 99.79 million compared to TWD 36.23 million a year ago. Basic earnings per share from continuing operations was TWD 0.73 compared to TWD 0.26 a year ago. Diluted earnings per share from continuing operations was TWD 0.72 compared to TWD 0.26 a year ago.
MIN AIK TECHNOLOGY Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of hard disk machines and related parts and components. The Company's main products include hard disk drive arm assemblies, voice coil motors (VCMs), hard drive top covers, external hard disk machines, read and write head checks, hard drive parts and others. The Company distributes its products in Asia, Europe and the Americas markets.