Golden Long Teng Development Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 09, 2019 at 12:42 am IST
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Golden Long Teng Development Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 475.738 million compared to TWD 288.520 million a year ago. Operating income was TWD 42.444 million compared to TWD 44.574 million a year ago. Net income was TWD 35.164 million compared to TWD 38.884 million a year ago. Basic earnings per share was TWD 0.39 compared to TWD 0.43 a year ago. For the half year, sales was TWD 1,022.020 million compared to TWD 460.387 million a year ago. Operating income was TWD 102.751 million compared to TWD 64.653 million a year ago. Net income was TWD 98.858 million compared to TWD 58.128 million a year ago. Basic earnings per share was TWD 1.09 compared to TWD 0.64 a year ago.
Golden Long Teng Development Co., Ltd. is a Taiwan-based company principally engaged in the design, manufacture and sales of integrated circuits (IC) products. The products of the Company include linear regulators, microprocessor resets, boost direct current to direct current (DC/DC) converters and controllers, chargers and analog switches, among others. Its products are applied in network sector, computers, flat panel displays, portable devices and automotive chargers and control chips of power banks. The Company operates businesses in Asia, America and Europe.