Walton Advanced Engineering, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 11:49 pm IST
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Walton Advanced Engineering, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 1,560.186 million compared to TWD 1,587.833 million a year ago. Operating income was TWD 6.118 million compared to operating loss of TWD 189.249 million a year ago. Net income was TWD 89.941 million compared to net loss of TWD 89.928 million a year ago. Basic earnings per share was TWD 0.18 compared to basic loss per share of TWD 0.18 a year ago. Diluted earnings per share was TWD 0.17 compared to diluted loss per share of TWD 0.18 a year ago. For the half year, sales was TWD 3,128.879 million compared to TWD 3,215.217 million a year ago. Operating loss was TWD 18.292 million compared to TWD 327.986 million a year ago. Net loss was TWD 42.980 million compared to TWD 202.675 million a year ago. Basic loss per share was TWD 0.09 compared to TWD 0.4 a year ago.
WALTON ADVANCED ENGINEERING, INC. is a Taiwan-based company principally engaged in the packaging and testing business. The Company mainly provides assembly and testing services. The Company provides thin small-outline package (TSOP) integrated circuits (ICs), ball grid array (BGA) ICs, multi-chip stacking package (MCP), chip scale package (CSP) and trench BGA, flash memory products, micro-secure digital (SD) cards, memory modules, universal serial bus (USB), three dimensional (3D) stack up products and package on package (POP) products, among others. The Company distributes its products within domestic market and to overseas markets.
WALTON ADVANCED ENGINEERING, INC. 
