Gallant Micro. Machining Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 01:06 am IST
Share
Gallant Micro. Machining Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 183.244 million compared to TWD 214.288 million a year ago. Operating income was TWD 19.629 million compared to TWD 33.671 million a year ago. Net income was TWD 20.663 million compared to TWD 31.658 million a year ago. Basic earnings per share was TWD 0.73 compared to TWD 1.12 a year ago. Diluted earnings per share was TWD 0.73 compared to TWD 1.11 a year ago. For the half year, sales was TWD 357.091 million compared to TWD 357.585 million a year ago. Operating income was TWD 13.472 million compared to TWD 42.824 million a year ago. Net income was TWD 18.496 million compared to TWD 40.325 million a year ago. Basic earnings per share was TWD 0.65 compared to TWD 1.43 a year ago. Diluted earnings per share was TWD 0.65 compared to TWD 1.4 a year ago.
Gallant Micro Machining Co Ltd is a Taiwan-based company mainly engaged in the manufacture of semiconductor process equipment and related precision molds. The main products include precision processing equipment such as punching and forming machines, automatic sealing machines and others, precision pick-and-place equipment such as integrated circuit (IC) die pickers, IC die bonding machines and others, optoelectronic laser equipment such as laser marking machines and automatic optical inspection equipment, and other equipment such as wafer or die transfer precision pick-and-place application equipment, semi-automatic permanent magnet motor packaging equipment, and others. The Company also provides parts and technical services, as well as the manufacture and maintenance of electronic testing instruments (except weights and measures) and equipment. The Company distributes products in Taiwan, Asia (China Mainland), and other markets.