Soaring Technology Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 06:46 pm
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Soaring Technology Co.,Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 154.491 million compared to TWD 158.243 million a year ago. Operating income was TWD 1.174 million compared to TWD 4.846 million a year ago. Net income was TWD 152,000 compared to TWD 5.163 million a year ago. Basic eps was TWD 0 compared to TWD 0.15 a year ago. For the half year, total revenue was TWD 249.600 million compared to TWD 275.562 million a year ago. Operating income was TWD 3.239 million compared to TWD 6.621 million a year ago. Net income was TWD 2.515 million compared to TWD 7.372 million a year ago. Basic earnings per share was TWD 0.07 compared to TWD 0.21 a year ago.
SOARING TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the electronic components related businesses. The Companyâs primary businesses include the design, manufacture and distribution of liquid crystal displays (LCDs), computers and peripherals equipment and components, electric vehicles and bicycles. The Companyâs principal products include multimedia audio and video systems, LCD monitors, point of sale (POS) devices, open frame LCD monitors, high brightness products and LCD racks, as well as the components of LCDs. The Company mainly distributes its products within domestic market and to overseas markets, including the United States of America (the USA), Europe and other regions.
SOARING TECHNOLOGY CO.,LTD. 
