Plastron Precision Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 05, 2020 at 06:56 pm IST
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Plastron Precision Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 172.767 million compared to TWD 213.689 million a year ago. Operating loss was TWD 10.502 million compared to operating Income of TWD 5.871 million a year ago. Net income was TWD 3.450 million compared to net loss of TWD 3.273 million a year ago. Basic earnings per share was TWD 0.02 compared to basic loss per share of TWD 0.03 a year ago.
PLASTRON PRECISION CO., LTD. is a Taiwan-based company principally engaged in the production and distribution of connectors. The Companyâs primary products include board-to-board connectors, memory card connectors and input and output transmission connectors. The Company's board-to-board connectors are mainly used in computers, digital cameras, projectors, tabulating machines, drawing machines, mobile phones, and network and communication equipment, among others. Its memory card connectors are used as key components of memory card reading devices. The Company mainly distributes its products within the domestic market and to overseas markets, including the rest of Asia, Europe and the Americas.