Securitag Assembly Group Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 02, 2019 at 03:06 am IST
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Securitag Assembly Group Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 259.290 million compared to TWD 209.448 million a year ago. Operating income was TWD 25.962 million compared to TWD 6.228 million a year ago. Net income was TWD 23.263 million compared to TWD 9.476 million a year ago. Basic earnings per share was TWD 0.65 compared to TWD 0.27 a year ago. For the half year, sales was TWD 467.606 million compared to TWD 420.309 million a year ago. Operating income was TWD 40.172 million compared to TWD 14.025 million a year ago. Net income was TWD 36.393 million compared to TWD 16.825 million a year ago. Basic earnings per share was TWD 1.02 compared to TWD 0.47 a year ago.
Securitag Assembly Group Co., Ltd. is a Taiwan-based company mainly engaged in the manufacture and distribution of radio frequency identification (RFID) tags and RFID labels. The Company mainly provides RFID tags, including silicone bangle wristbands, metal stick tags, laundry tags and others, and RFID labels, including smart labels, cube smart labels, tamper proof labels and others. The Company also provides proximity cards, including clamshell cards, key tag cards, thermo rewrite cards and others; RFID keyfobs, including sailboat keyfobs, thumb keyfobs, pear epoxy keyfobs, mini keyfobs, arch keyfob tags, translucent keyfobs and others, and inlay products, such as cube inlays. Its products are used in gate systems, electronic wallets, member cards, asset management and other areas. The Company distributes its products within domestic market and to overseas markets.