Yao Sheng Electronic Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 11, 2019 at 09:35 pm
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Yao Sheng Electronic Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 221.907 million compared to TWD 216.276 million a year ago. Operating income was TWD 4.112 million compared to operating loss of TWD 27.443 million a year ago. Net income was TWD 13.379 million compared to net loss of TWD 14.070 million a year ago. Basic earnings per share was TWD 0.31 compared to basic loss per share of TWD 0.42 a year ago. For the half year, sales was TWD 418.306 million compared to TWD 396.697 million a year ago. Operating loss was TWD 4.893 million compared to TWD 54.996 million a year ago. Net income was TWD 402,000 compared to net loss of TWD 52.191 million a year ago. Basic earnings per share was TWD 0.01 compared to basic loss per share of TWD 1.6 a year ago.
Yao Sheng Electronic Co., Ltd. is a Taiwan-based company principally engaged in manufacture and distribution of transformers and inductance coils. The Company provides transformers and inductance coils, which are applied in liquid crystal display (LCD) monitors, power supply units, notebook computers, mobile phones, digital cameras, personal digital assistants (PDAs), televisions and other devices. In addition, it also provides light emitting diode (LED) lighting products. The Company distributes its products within the domestic market and to overseas markets.
YAO SHENG ELECTRONIC CO., LTD. 
