Globaltek Fabrication Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 14, 2019 at 02:54 am IST
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Globaltek Fabrication Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 967.466 million compared to TWD 870.543 million a year ago. Operating income was TWD 45.261 million compared to TWD 38.774 million a year ago. Net income was TWD 69.974 million compared to TWD 77.195 million a year ago. Basic earnings per share was TWD 1.05 compared to TWD 1.17 a year ago. Diluted earnings per share was TWD 1.04 compared to TWD 1.13 a year ago. For the half year, sales was TWD 1,867.192 million compared to TWD 1,735.717 million a year ago. Operating income was TWD 91.298 million compared to TWD 77.233 million a year ago. Net income was TWD 120.630 million compared to TWD 136.615 million a year ago. Basic earnings per share was TWD 1.82 compared to TWD 2.13 a year ago. Diluted earnings per share was TWD 1.8 compared to TWD 2.06 a year ago.
Global Tek Fabrication Co Ltd is a Taiwan based company mainly engaged in the manufacture and sale of automotive precision machinery. The Company offers automotive components including automotive safety system components and automotive drive system components, industrial applications including industrial instrumentation, petrochemical industry spare parts, semiconductor equipment components, bicycle components and other precision metal components, as well as aerospace components, including aircraft and engine components and other products. The Company operates business in domestic market and overseas markets, including Asia, Europe, America and others.