Mutual-Tek Industries Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 12, 2020 at 02:39 am IST
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Mutual-Tek Industries Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced total revenue was TWD 1,527.973 million compared to TWD 2,166.011 million a year ago. Operating loss was TWD 20.107 million compared to operating Income of TWD 279.700 million a year ago. Net loss was TWD 26.157 million compared to net income of TWD 181.916 million a year ago. Basic loss per share was TWD 0.34 compared to basic earnings per share of TWD 2.65 a year ago. Diluted loss per share was TWD 0.34 compared to diluted earnings per share of TWD 2.61 a year ago.
Mutual-Tek Industries Co. Ltd is a Taiwan-based company principally engaged in the manufacture and distribution of rigid and rigid-flex printed circuit boards (PCBs). The Company's products mainly include metal core PCBs, heavy copper PCBs, traditional FR4 PCBs, flex PCBs, build-up PCBs, rigid-flex PCBs and embedding PCBs. The Company's products are applied in industry, mobile rigid-flex boards, consumer electronics and automotive rigid-flex boards. The Company distributes its products within domestic market and to overseas markets, including Asia and Americas.