Allied Circuit Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 10, 2021 at 02:45 pm IST
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Allied Circuit Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 690.395 million compared to TWD 829.986 million a year ago. Operating income was TWD 86.878 million compared to TWD 217.477 million a year ago. Net income was TWD 75.661 million compared to TWD 176.609 million a year ago. Basic earnings per share was TWD 1.52 compared to TWD 3.55 a year ago. Diluted earnings per share was TWD 1.52 compared to TWD 3.53 a year ago. For the half year, sales was TWD 1,338.880 million compared to TWD 1,569.497 million a year ago. Operating income was TWD 199.628 million compared to TWD 392.923 million a year ago. Net income was TWD 168.205 million compared to TWD 322.095 million a year ago. Basic earnings per share was TWD 3.38 compared to TWD 6.47 a year ago. Diluted earnings per share was TWD 3.36 compared to TWD 6.44 a year ago.
Allied Circuit Co Ltd is principally engaged in the manufacture and distribution of printed circuit boards (PCBs). The Company primarily provides multi-layer PCBs and high density interconnect (HDI) boards. The Company's double-sided PCBs are mainly used in terminals, fax machines, computer peripheral equipment, industrial instruments and general communications equipment, among others. Its multi-layer PCBs are mainly applied in computer and related peripherals, consumer electronics, data storage devices, servers, computer workstations, precise testers, communications equipment, industrial control instruments and medical devices, among others. The Company mainly distributes its products to domestic and Asia market.