Gallant Precision Machining Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 24, 2020 at 11:28 pm IST
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Gallant Precision Machining Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 4,236.015 million compared to TWD 4,873.153 million a year ago. Operating income was TWD 359.126 million compared to TWD 433.227 million a year ago. Net income was TWD 249.158 million compared to TWD 370.105 million a year ago. Basic earnings per share was TWD 1.51 compared to TWD 2.24 a year ago. Diluted earnings per share was TWD 1.49 compared to TWD 2.2 a year ago.
Gallant Precision Machining Co., Ltd. is a Taiwan-based company principally engaged in the design, manufacture and sales of display process equipment, semiconductor process equipment and intelligent automation equipment. The Company provides integrated circuit (IC) packaging front-end equipment, IC packaging back-end equipment, as well as thin film transistor (TFT)-LCD, organic light-emitting diode (OLED), three dimensions (3D) displays and touch panel equipment. The Company also provides manufacture and test equipment for solar panels, as well as automation handling systems and others. The Company distributes its products in domestic market and to overseas markets.