Singatron Enterprise Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 07, 2020 at 01:39 am IST
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Singatron Enterprise Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 1,061.153 million compared to TWD 837.587 million a year ago. Operating income was TWD 155.194 million compared to TWD 41.456 million a year ago. Net income was TWD 93.764 million compared to TWD 34.927 million a year ago. Basic earnings per share was TWD 0.74 compared to TWD 0.26 a year ago. For the half year, sales was TWD 1,671.182 million compared to TWD 1,530.533 million a year ago. Operating income was TWD 184.508 million compared to TWD 57.425 million a year ago. Net income was TWD 123.022 million compared to TWD 63.030 million a year ago. Basic earnings per share was TWD 0.95 compared to TWD 0.46 a year ago.
SINGATRON ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of electronic connectors. The Company mainly operates through two business segments. The Connectors Operation segment is mainly engaged in the manufacture and sales of connectors. The Electronic Components segment is mainly engaged in the trading of spare parts of set-top boxes. The Companyâs primary products include signal connectors, power connectors and others. Its products are mainly used in the manufacture of computers, telecommunication products, consumer electronics, industrial electronics, medical appliances, automobiles and mobile phones. The Company mainly distributes its products in Taiwan, the Mainland China and other regions.