Inpaq Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 01:56 pm EDT
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INPAQ Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 1,257.972 million compared to TWD 1,024.495 million a year ago. Operating income was TWD 124.070 million compared to TWD 35.636 million a year ago. Net income was TWD 81.505 million compared to TWD 43.464 million a year ago. Basic earnings per share was TWD 0.58 compared to TWD 0.29 a year ago. For the half year, total revenue was TWD 2,147.304 million compared to TWD 1,888.358 million a year ago. Operating income was TWD 154.163 million compared to TWD 27.283 million a year ago. Net income was TWD 129.105 million compared to TWD 27.581 million a year ago. Basic earnings per share was TWD 0.92 compared to TWD 0.19 a year ago.
INPAQ TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of protection components and high-frequency components. The Company operates through two main segments. The Protection Components segment is mainly engaged in the research, manufacture and sales of electromagnetic prevention components, overvoltage protection components and over-current protection components. The High-frequency Components segment is primarily involved in the research, manufacture and sales of global positioning system (GPS) satellite antennas and modules, Bluetooth antennas, global system for mobile communications (GSM), code division multiple access (CDMA) and the third generation (3G) antennas, wireless local area network (WLAN) and wireless fidelity (WIFI), as well as various other antennas and modules. The Company distributes its products both in domestic market and to overseas markets.