Wanshih Electronic Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 10:50 pm
Share
Wanshih Electronic Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 368.504 million compared to TWD 397.192 million a year ago. Operating loss was TWD 12.414 million compared to operating Income of TWD 3.062 million a year ago. Net income was TWD 17.668 million compared to net loss of TWD 175,000 a year ago. Basic earnings per share was TWD 0.19 compared to TWD 0 a year ago. For the half year, sales was TWD 676.712 million compared to TWD 778.249 million a year ago. Operating loss was TWD 43.817 million compared to TWD 13.212 million a year ago. Net income was TWD 37,000 compared to net loss of TWD 16.808 million a year ago. Basic eps was TWD 0 compared to basic loss per share of TWD 0.18 a year ago.
WanShih Electronic Co., Ltd. is a Taiwan-based company principally engaged in the development, manufacture and sales of cables for information and communication devices. The Companyâs primary products include the internal and external coaxial cable assemblies and antennas of information and communication products. Its products are mainly used in the notebook computers, liquid crystal display (LCD) televisions, mobile phones, personal digital assistants (PDAs), desktop computers, industrial computers, digital versatile disc (DVD) players, digital video recorders and wireless communications equipment. The Company operates through two business segments. The Taiwan Market segment is mainly engaged in the research, development and sales businesses. The Mainland China segment is mainly engaged in the manufacture and sales businesses. The Companyâs products are mainly exported to Asia, the Americas and Europe.
WANSHIH ELECTRONIC CO., LTD. 
