Topoint Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 03, 2022
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Topoint Technology Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 906.44 million compared to TWD 940.63 million a year ago. Revenue was TWD 892.31 million compared to TWD 933.69 million a year ago. Net income was TWD 123.51 million compared to TWD 118.66 million a year ago. Basic earnings per share from continuing operations was TWD 0.87 compared to TWD 0.83 a year ago. Diluted earnings per share from continuing operations was TWD 0.86 compared to TWD 0.83 a year ago.
For the six months, sales was TWD 1,838.35 million compared to TWD 1,725.37 million a year ago. Revenue was TWD 1,810.19 million compared to TWD 1,713.35 million a year ago. Net income was TWD 225.59 million compared to TWD 210.89 million a year ago. Basic earnings per share from continuing operations was TWD 1.59 compared to TWD 1.48 a year ago. Diluted earnings per share from continuing operations was TWD 1.56 compared to TWD 1.47 a year ago.
TOPOINT TECHNOLOGY CO., LTD. is principally engaged in the manufacture and distribution of precision processing tools for printed circuit boards (PCBs). The Companyâs main products consist of drill bits, including straight drill, under cut drill and inverse drill types; router bits, including diamond cut, chip break and two blade router types, as well as slot drills and milling cutters. Its products are applied primarily in computer, communication and consumer electronic (3C) industries for the processing and cutting of integrated circuit (IC) substrates, high density interconnect (HDI) PCBs and traditional PCBs, among others. The Company distributes its products primarily in Taiwan, Mainland China and other regions.