Universal Microwave Technology, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 07:50 pm IST
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Universal Microwave Technology, Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 535.861 million compared to TWD 470.837 million a year ago. Operating income was TWD 107.118 million compared to TWD 66.128 million a year ago. Net income was TWD 81.118 million compared to TWD 80.945 million a year ago. Basic earnings per share was TWD 1.43 compared to TWD 1.44 a year ago. Diluted earnings per share was TWD 1.4 compared to TWD 1.42 a year ago. For the half year, sales was TWD 980.227 million compared to TWD 883.295 million a year ago. Operating income was TWD 189.765 million compared to TWD 124.399 million a year ago. Net income was TWD 142.657 million compared to TWD 111.322 million a year ago. Basic earnings per share was TWD 2.52 compared to TWD 2.04 a year ago. Diluted earnings per share was TWD 2.47 compared to TWD 2.01 a year ago.
Universal Microwave Technology Inc is a Taiwan-based company principally engaged in the design, research, development, manufacture and sale of microwave communication components and subsystems, antennas and radio frequency (RF) components. The microwave components include duplexers, couplers, circulator components and other passive components or integrate multiple components into a sub-system. The components are used in point-to-point or point-to-multipoint communication equipment, mobile communication base stations, broadband wireless transmission and satellite communication systems. The antennas are used in broadcasting, television, mobile phone communication, wireless Internet access, positioning, navigation and tracking. The RF components are used in communication base stations and connect within and between communication equipment. The Company operates within the domestic market and to overseas markets, including China mainland, Asia, Europe and America.