Answer Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 14, 2020 at 12:10 am IST
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Answer Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced total revenue was TWD 1,199.332 million compared to TWD 919.256 million a year ago. Operating income was TWD 53.260 million compared to TWD 62.848 million a year ago. Net income was TWD 37.473 million compared to TWD 43.483 million a year ago. Basic earnings per share was TWD 0.57 compared to TWD 0.66 a year ago. Diluted earnings per share was TWD 0.57 compared to TWD 0.65 a year ago.
Answer Technology Co Ltd is a Taiwan-based company principally engaged in the distribution of analog integrated circuits (ICs), mixed-signal ICs, logic ICs and ICs for special applications. The Company's brand agency business covers domestic and overseas brands, such as Analog Devices, Discera, GreenMark, ITE, Parade, TRINAMIC and Xilinx. The Company's products are applied in electronic products, industrial computers, wireless products, card readers, automotive electronics and others. The Company distributes its products within domestic market and to overseas markets.