Gallant Precision Machining Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 07:21 pm IST
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Gallant Precision Machining Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 726.612 million compared to TWD 1,062.764 million a year ago. Operating income was TWD 34.734 million compared to TWD 106.928 million a year ago. Net income was TWD 36.899 million compared to TWD 99.268 million a year ago. Basic earnings per share was TWD 0.23 compared to TWD 0.6 a year ago. Diluted earnings per share was TWD 0.23 compared to TWD 0.59 a year ago. For the half year, sales was TWD 1,365.255 million compared to TWD 1,898.188 million a year ago. Operating loss was TWD 8.436 million compared to operating Income of TWD 38.788 million a year ago. Net income was TWD 11.882 million compared to TWD 47.670 million a year ago. Basic earnings per share was TWD 0.07 compared to TWD 0.29 a year ago. Diluted earnings per share was TWD 0.07 compared to TWD 0.28 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.
GALLANT PRECISION MACHINING CO., LTD. 
