Tai-Tech Advanced Electronics Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 11, 2019 at 03:12 pm
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TAI-TECH Advanced Electronics Co., Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was TWD 1,495.570 million compared to TWD 1,734.209 million a year ago. Operating income was TWD 180.789 million compared to TWD 291.873 million a year ago. Net income was TWD 156.753 million compared to TWD 271.849 million a year ago. Basic earnings per share was TWD 1.72 compared to TWD 2.99 a year ago. Diluted earnings per share was TWD 1.7 compared to TWD 2.97 a year ago.
TAI-TECH Advanced Electronics Co., Ltd. is principally engaged in the manufacturing and distribution of electronic components. The Company primarily provides coil components and chip components. Its coil components include precision coil components, including ferrite precision coil inductors, high frequency precision coil ceramic inductors and others, as well as power inductance components. Its chip components include laminated wafer magnetic beads, multilayer chip inductors, laminated wafer type power inductors, low temperature co-fired ceramic (LTCC) radio frequency components and modules. The Company also provides magnetic materials and other inductor components. The Company distributes its products primarily in Asia, Europe and North America.