Shun on Electronic Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 04:36 pm
Share
Shun On Electronic Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was TWD 285.243 million compared to TWD 280.320 million a year ago. Operating loss was TWD 4.570 million compared to operating Income of TWD 5.669 million a year ago. Net income was TWD 13.970 million compared to TWD 16.147 million a year ago. Basic earnings per share was TWD 0.09 compared to TWD 0.12 a year ago. For the half year, total revenue was TWD 519.773 million compared to TWD 475.937 million a year ago. Operating loss was TWD 6.966 million compared to operating Income of TWD 3.916 million a year ago. Net income was TWD 20.218 million compared to TWD 3.898 million a year ago. Basic earnings per share was TWD 0.14 compared to TWD 0.03 a year ago.
SHUN ON ELECTRONIC CO., LTD. is a Taiwan-based company primarily engaged in the manufacture and distribution of conductive membrane and membrane keypad products. The Company mainly operates three business segments, including Conductive Membrane segment, Membrane Keypad segment and Other segment. It provides its customers with computer keyboard conductive membrane, mobile phone keypad and chassis, shrapnel membrane, cell phone keypad module assembly and other types of membrane keypad related products. The Company is also engaged in the development and sales of automotive electronics products, including the design of automotive safety system products, the development of electrochromic rearview mirrors and smart locks for vehicles, aiming to launch whole vehicle electrical and electronic solutions. The Company primarily operates its business in Mainland China.