Podak Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 11, 2019 at 07:01 pm
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Podak Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 651.730 million compared to TWD 570.237 million a year ago. Operating income was TWD 37.980 million compared to TWD 21.083 million a year ago. Net income was TWD 32.809 million compared to TWD 33.365 million a year ago. Basic earnings per share was TWD 0.67 compared to TWD 0.68 a year ago. For the half year, sales was TWD 1,263.283 million compared to TWD 1,199.585 million a year ago. Operating income was TWD 89.253 million compared to TWD 77.539 million a year ago. Net income was TWD 77.773 million compared to TWD 69.225 million a year ago. Basic earnings per share was TWD 1.6 compared to TWD 1.42 a year ago. Diluted earnings per share was TWD 1.58 compared to TWD 1.42 a year ago.
PODAK CO., LTD. is principally engaged in the agent distribution of Panasonic passive products and Panasonic active products. The Company is also engaged in the distribution of other products, including batteries, relays, motors, connectors, surveillance system equipment, light-emitting diode (LED) tubes and home appliances. The Panasonic passive products include solid capacitors, electrolytic capacitors, plastic capacitors, power chokes and gold capacitors. The Panasonic active products include transistors, diodes, metal oxide semiconductor field effect transistor (MOSFETs) and LEDs. The Company distributes its products in Taiwan and Mainland China.