Shian Yih Electronic Industry Co.,Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 10, 2020 at 09:34 pm
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Shian Yih Electronic Industry Co.,Ltd announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 398.295 million compared to TWD 494.367 million a year ago. Operating income was TWD 17.216 million compared to TWD 30.275 million a year ago. Net income was TWD 14.093 million compared to TWD 31.091 million a year ago. Basic earnings per share was TWD 0.23 compared to TWD 0.51 a year ago. For the half year, sales was TWD 763.136 million compared to TWD 894.069 million a year ago. Operating income was TWD 14.489 million compared to TWD 35.772 million a year ago. Net income was TWD 15.901 million compared to TWD 55.438 million a year ago. Basic earnings per share was TWD 0.26 compared to TWD 0.91 a year ago. Diluted earnings per share was TWD 0.26 compared to TWD 0.9 a year ago.
Shian Yih Electronic Industry Co Ltd is a Taiwan-based company mainly engaged in the manufacture and distribution of light emitting diode (LED) backlight modules. The Company's production model is based on Original Design Manufacturing (ODM) and Original Equipment Manufacturing (OEM). Its products are applied in liquid crystal displays (LCDs), notebook computers, LCD televisions, digital cameras, personal digital assistants (PDAs) and mobile phones, among others. The Company distributes its products primarily in Taiwan and other Asian markets.