Giantplus Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 09, 2020 at 05:59 pm EDT
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Giantplus Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 1,780.546 million compared to TWD 2,477.038 million a year ago. Operating loss was TWD 119.338 million compared to operating Income of TWD 19.679 million a year ago. Net loss was TWD 152.187 million compared to net income of TWD 821.902 million a year ago. Basic loss per share was TWD 0.34 compared to basic earnings per share of TWD 1.86 a year ago. For the half year, sales was TWD 3,339.177 million compared to TWD 4,412.490 million a year ago. Operating loss was TWD 338.956 million compared to TWD 176.972 million a year ago. Net loss was TWD 340.177 million compared to net income of TWD 658.934 million a year ago. Basic loss per share was TWD 0.77 compared to basic earnings per share of TWD 1.49 a year ago.
Giantplus Technology Co., Ltd. is a Taiwan-based company principally engaged in the research, development, manufacture and distribution of liquid crystal display (LCD), touch panels, modules and others. The Company's major products include medium-sized and small-sized mono super twisted nematic (STN) LCDs and liquid crystal modules (LCMs), as well as medium-sized and small-sized thin film transistor (TFT) LCDs and LCMs. In addition, the Company provides touch screens. The Company's LCD products are mainly applied to mobile phones, wireless telephones, personal digital assistants (PDAs), digital cameras, digital photo frames, game machines and others. The Company distributes its products mainly in the domestic market and to the overseas markets, including Asia, the Americas, Europe and other areas.
GIANTPLUS TECHNOLOGY CO., LTD. 
