Well Shin Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 03:36 am IST
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Well Shin Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 1,346.736 million compared to TWD 1,349.558 million a year ago. Operating income was TWD 199.097 million compared to TWD 168.622 million a year ago. Net income was TWD 191.418 million compared to TWD 248.258 million a year ago. Basic earnings per share was TWD 1.62 compared to TWD 2.1 a year ago. Diluted earnings per share was TWD 1.61 compared to TWD 2.09 a year ago. For the half year, sales was TWD 2,495.029 million compared to TWD 2,475.383 million a year ago. Operating income was TWD 311.092 million compared to TWD 291.893 million a year ago. Net income was TWD 270.130 million compared to TWD 297.716 million a year ago. Basic earnings per share was TWD 2.28 compared to TWD 2.52 a year ago. Diluted earnings per share was TWD 2.27 compared to TWD 2.51 a year ago.
Well Shin Technology Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of power cord sets for electronics, information, motors and appliances. The Companyâs main products include power cord sets for consumer products and electrical appliances, plastic injection parts, sockets, conversion plugs and power supplies. The Company is also involved in the electronics assembly and foundry business. The Company's products are mainly used in computers, home appliances, large servers and electronic and electrical equipment. The Company distributes its products in domestic market and to overseas markets, such as the Americas, the rest of Asia and Europe.
WELL SHIN TECHNOLOGY CO., LTD. 
