Wha Yu Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 08, 2019 at 09:36 pm
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Wha Yu Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was TWD 390.366 million compared to TWD 538.094 million a year ago. Operating loss was TWD 24.558 million compared to operating Income of TWD 13.171 million a year ago. Net income was TWD 10.096 million compared to TWD 35.613 million a year ago. Basic earnings per share was TWD 0.08 compared to TWD 0.3 a year ago. For the half year, total revenue was TWD 733.174 million compared to TWD 977.509 million a year ago. Operating loss was TWD 68.998 million compared to operating Income of TWD 9.257 million a year ago. Net loss was TWD 16.465 million compared to net income of TWD 22.091 million a year ago. Basic loss per share was TWD 0.14 compared to basic earnings per share of TWD 0.18 a year ago.
WHA YU INDUSTRIAL CO., LTD. is principally engaged in the production and sale of high, intermediate and low frequency wireless devices. Its wireless devices include radio frequency (RF) antennas and RF coaxial cable assemblies. The Company is also engaged in the production and sales of electronic and optical communication components and signal connection equipment. The Company distributes its products primarily in Asia, the Americas and Europe.