Uvat Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 02:15 am IST
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UVAT Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 259.410 million compared to TWD 291.968 million a year ago. Operating income was TWD 42.888 million compared to TWD 46.412 million a year ago. Net income was TWD 45.559 million compared to TWD 72.546 million a year ago. Basic earnings per share was TWD 1.17 compared to TWD 2.05 a year ago. Diluted earnings per share was TWD 1.17 compared to TWD 2.04 a year ago. For the half year, sales was TWD 413.528 million compared to TWD 392.891 million a year ago. Operating income was TWD 42.794 million compared to TWD 29.888 million a year ago. Net income was TWD 48.766 million compared to TWD 53.706 million a year ago. Basic earnings per share was TWD 1.25 compared to TWD 1.51 a year ago. Diluted earnings per share was TWD 1.24 compared to TWD 1.51 a year ago.
UVAT Technology Co., Ltd. is mainly engaged in the provision of coating original equipment manufacturing (OEM) services and the manufacture and sale of vacuum sputtering equipment. The Company's coating OEM services include the surface coating processing of consumer electronics, anti-electro-magnetic interference (EMI) coating processing, various of optical coating services, non conductive vacuum metallization (NCVM) and high- and low-temperature indium tin oxide (ITO) coating services, among others. Its vacuum sputtering equipment includes in-line continuous sputters, plasma surface treatment machines, solar equipment, touch panel coating equipment and other types of coating equipment, among others. The Company distributes its products in domestic markets and to overseas markets.