Taiwan Takisawa Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 09:18 pm IST
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Taiwan Takisawa Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 581.457 million compared to TWD 686.119 million a year ago. Operating income was TWD 30.283 million compared to TWD 47.231 million a year ago. Net loss was TWD 4.161 million compared to net income of TWD 39.302 million a year ago. Basic loss per share was TWD 0.06 compared to basic earnings per share of TWD 0.54 a year ago. For the half year, sales was TWD 1,058.323 million compared to TWD 1,342.323 million a year ago. Operating income was TWD 36.315 million compared to TWD 105.882 million a year ago. Net loss was TWD 3.449 million compared to net income of TWD 92.837 million a year ago. Basic loss per share was TWD 0.05 compared to basic earnings per share of TWD 1.28 a year ago.
TAIWAN TAKISAWA TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of mechanical equipment and other electrical and electronic machinery and equipment. The Company's main products include computer numerical control (CNC) lathes, original equipment manufacturer (OEM) production lathes, printed circuit board (PCB) drilling machines, high-speed precision lathes and others. The Company's products are mainly used in automobiles, aerospace, national defense, as well as computer, communications and consumer electronics (3C) products. The Company distributes its products in domestic market to overseas markets, including the rest areas of Asia, Europe, the Americas and others.
TAIWAN TAKISAWA TECHNOLOGY CO., LTD. 
