Sunflex Tech Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 01:25 am IST
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Sunflex Tech Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 170.372 million compared to TWD 167.758 million a year ago. Operating loss was TWD 13.518 million compared to TWD 9.239 million a year ago. Net loss was TWD 27.866 million compared to net income of TWD 4.794 million a year ago. Basic loss per share was TWD 0.41 compared to basic earnings per share of TWD 0.07 a year ago. For the half year, sales was TWD 306.225 million compared to TWD 321.709 million a year ago. Operating loss was TWD 50.291 million compared to TWD 19.824 million a year ago. Net loss was TWD 48.932 million compared to net income of TWD 6.031 million a year ago. Basic loss per share was TWD 0.72 compared to basic earnings per share of TWD 0.09 a year ago.
SUNFLEX TECH. CO., Ltd. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of various types of flexible printed circuit boards. The Company's main products include double-sided flexible printed circuit boards, single-sided flexible printed circuit boards and others. The Company's products are mainly used in mobile phones, tablet computers, monitors, notebook computers, optical disc drives, liquid crystal displays (LCDs), digital cameras, digital versatile discs (DVDs) and global positioning systems (GPS). The Company distributes its products in domestic market and to overseas markets, such as the rest of Asia, Europe and the Americas.