Min Aik Precision Industrial Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 11, 2020 at 12:36 am IST
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Min Aik Precision Industrial Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 396.842 million compared to TWD 387.368 million a year ago. Operating loss was TWD 24.856 million compared to TWD 23.653 million a year ago. Net loss was TWD 25.564 million compared to TWD 26.579 million a year ago. Basic loss per share was TWD 0.33 compared to TWD 0.35 a year ago.
Min Aik Precision Industrial Co., Ltd is a Taiwan-based company principally engaged in the manufacture and distribution of electrical components. The Company's products include hard disk drive (HDD) components, other electronic stamping components, plastic components and automated machines, among others. The HDD components include disk clamps, balance weights, covers and others. The other electronic stamping components include heat sinks, heat spreaders, bracket assemblies and stiffeners. The Company distributes its products within domestic market and to overseas markets, including the rest of Asia, the Americas and Europe.
MIN AIK PRECISION INDUSTRIAL CO., LTD. 
