Howteh Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 01:37 pm IST
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Howteh Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 791.494 million compared to TWD 1,010.699 million a year ago. Net income was TWD 17.411 million compared to TWD 44.544 million a year ago. Basic earnings per share was TWD 0.29 compared to TWD 0.75 a year ago. For the half year, sales was TWD 1,580.280 million compared to TWD 1,977.167 million a year ago. Net income was TWD 36.017 million compared to TWD 93.422 million a year ago. Basic earnings per share was TWD 0.61 compared to TWD 1.58 a year ago. Diluted earnings per share was TWD 0.61 compared to TWD 1.57 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.