Macroblock, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 12:37 am IST
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Macroblock, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 351.485 million compared to TWD 813.729 million a year ago. Operating loss was TWD 14.791 million compared to operating Income of TWD 103.969 million a year ago. Net income was TWD 13.337 million compared to TWD 97.251 million a year ago. Basic earnings per share was TWD 0.33 compared to TWD 2.38 a year ago. Diluted earnings per share was TWD 0.33 compared to TWD 2.37 a year ago. For the half year, sales was TWD 899.188 million compared to TWD 1,507.087 million a year ago. Operating income was TWD 4.670 million compared to TWD 172.228 million a year ago. Net income was TWD 30.407 million compared to TWD 163.177 million a year ago. Basic earnings per share was TWD 0.74 compared to TWD 4 a year ago. Diluted earnings per share was TWD 0.74 compared to TWD 3.97 a year ago.
Macroblock Inc is a Taiwan-based company mainly engaged in the design, manufacture and distribution of light emitting diode (LED)-drive integrated circuits. The main products include LED-drive integrated circuits, mixed digital and analog integrated circuits, lighting products and power modules, full array local dimming-drive integrated circuits, LED display modules. The products are applied in LED displays, liquid crystal displays, LED lightings and other areas. The Company is also engaged in the wholesale and retail of electronic materials, the international trading business, the product design business, and the electronic component manufacturing business. The Company operates within the domestic market and to overseas markets, including Asia, Europe and the Americas.