Howteh Technology Co., Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 06, 2019 at 01:36 am IST
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Howteh Technology Co. Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 1,010.699 million compared to TWD 757.298 million a year ago. Operating income was TWD 54.088 million compared to TWD 36.998 million a year ago. Net income was TWD 44.544 million compared to TWD 50.661 million a year ago. Basic earnings per share was TWD 0.8 compared to TWD 0.9 a year ago. For the half year, sales was TWD 1,977.167 million compared to TWD 1,381.329 million a year ago. Operating income was TWD 104.742 million compared to TWD 76.875 million a year ago. Net income was TWD 93.422 million compared to TWD 75.747 million a year ago. Basic earnings per share was TWD 1.67 compared to TWD 1.35 a year ago. Diluted earnings per share was TWD 1.66 compared to TWD 1.35 a year ago.
Howteh Technology Co., Ltd. is a Taiwan-based company principally engaged in the distribution of passive electronic components. The Company mainly provides electronic components, which include connectors, wires, semiconductor parts and electroacoustic products; as well as electronic equipment and materials, which include printed circuit board (PCB) and integrated circuit (IC) substrate manufacturing equipment and relevant chemicals, touch panels, optoelectronic and semiconductor manufacturing and testing equipment and relevant materials. The Company distributes its products mainly in Taiwan and Mainland China.