Ant Precision Industry Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 13, 2020 at 04:54 am IST
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ANT Precision Industry Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 101.940 million compared to TWD 113.167 million a year ago. Operating loss was TWD 2.087 million compared to TWD 1.226 million a year ago. Net income was TWD 1.016 million compared to net loss of TWD 8.152 million a year ago. Basic earnings per share was TWD 0.03 compared to basic loss per share of TWD 0.21 a year ago.
Ant Precision Industry Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of connectors, cable assemblies, as well as molds and the related components. The Company's connector products are mainly applied in the transmission of signals or electricity within electronic systems. Its cable assembly products are mainly applied in the vehicle audio and video communications, entertainment and navigation systems. It industrial mold products mainly consist of plastic molds and stamping dies. The Company mainly distributes its products in domestic market and to overseas markets.