Min Aik Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 01:20 am IST
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Min Aik Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 908.813 million compared to TWD 1,205.060 million a year ago. Operating loss was TWD 86.537 million compared to TWD 139.794 million a year ago. Net loss was TWD 51.879 million compared to TWD 99.544 million a year ago. Basic loss per share was TWD 0.38 compared to TWD 0.72 a year ago. For the half year, sales was TWD 2,042.580 million compared to TWD 2,638.672 million a year ago. Operating loss was TWD 180.937 million compared to TWD 296.352 million a year ago. Net loss was TWD 121.127 million compared to TWD 226.378 million a year ago. Basic loss per share was TWD 0.88 compared to TWD 1.65 a year ago.
MIN AIK TECHNOLOGY Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of hard disk machines and related parts and components. The Company's main products include hard disk drive arm assemblies, voice coil motors (VCMs), hard drive top covers, external hard disk machines, read and write head checks, hard drive parts and others. The Company distributes its products in Asia, Europe and the Americas markets.
MIN AIK TECHNOLOGY CO., LTD. 
