Yufo Electronics Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 11, 2019 at 10:47 pm
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Yufo Electronics Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 391.808 million compared to TWD 338.771 million a year ago. Operating income was TWD 43.964 million compared to TWD 7.967 million a year ago. Net income was TWD 37.887 million compared to TWD 11.262 million a year ago. Basic earnings per share was TWD 0.49 compared to TWD 0.14 a year ago. For the half year, sales was TWD 722.254 million compared to TWD 572.500 million a year ago. Operating income was TWD 63.483 million compared to operating loss of TWD 9.269 million a year ago. Net income was TWD 56.077 million compared to net loss of TWD 5.907 million a year ago. Basic earnings per share was TWD 0.72 compared to basic loss per share of TWD 0.08 a year ago.
YUFO ELECTRONICS CO.,LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of various types of printed circuit boards. The Company's main products include multilayer printed circuit boards, double-sided printed circuit boards and others. The Company is also involved in the manufacture, processing and sales of electronic products and parts, as well as the provision of maintenance and installation services. The Company is also engaged in the sales of general chemical raw materials. The Company distributes its products in Hong Kong market.