Ventec International Group Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 07, 2020 at 01:44 am IST
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Ventec International Group Co.,Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 1,138.067 million compared to TWD 1,313.982 million a year ago. Operating income was TWD 127.674 million compared to TWD 139.986 million a year ago. Net income was TWD 114.020 million compared to TWD 139.453 million a year ago. Basic earnings per share was TWD 1.61 compared to TWD 2 a year ago. For the half year, total revenue was TWD 2,480.088 million compared to TWD 2,577.005 million a year ago. Operating income was TWD 273.828 million compared to TWD 280.076 million a year ago. Net income was TWD 220.970 million compared to TWD 209.271 million a year ago. Basic earnings per share was TWD 3.13 compared to TWD 3.12 a year ago. Diluted earnings per share was TWD 3.11 compared to TWD 3.1 a year ago.
Ventec International Group Co Ltd is a company mainly engaged in the research and development, production and sales of copper foil substrates, aluminum substrates and special material substrates. The Company's main products include copper foil substrates for double-sided printed circuit boards, inner copper foil substrates and adhesive sheets for multi-layer printed circuit boards, and aluminum substrates. The products are mainly suitable for mobile phones, communications, automotive electronics and other fields. The Company mainly conducts business in the Asian, European and American markets.