Mobiletron Electronics Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 12:14 am IST
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Mobiletron Electronics Co.,Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 512.506 million compared to TWD 795.316 million a year ago. Operating loss was TWD 28.409 million compared to operating Income of TWD 71.478 million a year ago. Net loss was TWD 9.361 million compared to net income of TWD 92.453 million a year ago. Basic loss per share was TWD 0.09 compared to basic earnings per share of TWD 0.94 a year ago. For the half year, sales was TWD 1,100.978 million compared to TWD 1,454.078 million a year ago. Operating loss was TWD 32.387 million compared to operating Income of TWD 115.825 million a year ago. Net income was TWD 1.078 million compared to TWD 132.962 million a year ago. Basic earnings per share was TWD 0.01 compared to TWD 1.35 a year ago.
MOBILETRON ELECTRONICS CO., LTD. is a Taiwan-based company principally engaged in the research and development, manufacturing and sales of automobile electronic components and electric tools. The Companyâs primary products include electronic control components, automobile security systems and industrial and automobile tools. These products are mainly used in the manufacturing of automobile engines, automobile and engine igniters, automobile rectifiers and regulators, thick film mixed integrated circuits (ICs), automobile engine sensors and around view monitors (AVMs). The Company mainly operates through two business segments: electronics manufacturing segment and electric tools manufacturing and trading segment. The Company mainly exports its products to the Americas, Europe and Asia.