Sea Sonic Electronics Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 10, 2020 at 11:08 pm
Share
Sea Sonic Electronics Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 888.545 million compared to TWD 564.290 million a year ago. Operating income was TWD 187.181 million compared to TWD 91.969 million a year ago. Net income was TWD 130.638 million compared to TWD 87.310 million a year ago. Basic earnings per share was TWD 1.63 compared to TWD 1.09 a year ago. For the half year, sales was TWD 1,520.022 million compared to TWD 1,011.035 million a year ago. Operating income was TWD 336.086 million compared to TWD 155.936 million a year ago. Net income was TWD 244.433 million compared to TWD 154.712 million a year ago. Basic earnings per share was TWD 3.06 compared to TWD 1.94 a year ago. Diluted earnings per share was TWD 3.05 compared to TWD 1.92 a year ago.
Sea Sonic Electronics Co., Ltd. is principally engaged in the development, design, research, manufacture and distribution of switching power supplies (SPSs). The Company operates its businesses through personal computer segment, which provides ATX12V series, TFX12V series, industrial computer mini 1U series and industrial computer 1U/2U series, among others, as well as non-PC segment, which offers open frame series and desktop adapters. Its products are applied primarily in desktops, servers and communication network mainframes, among others. The Company distributes its products mainly to overseas markets.