Penpower Technology Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 45.267 million compared to TWD 50.095 million a year ago. Operating income was TWD 40.502 million compared to operating loss of TWD 7.065 million a year ago. Net income was TWD 30.055 million compared to TWD 414,000 a year ago. Basic earnings per share was TWD 0.94 compared to TWD 0.01 a year ago. Diluted earnings per share was TWD 0.93 compared to TWD 0.01 a year ago. For the half year, sales was TWD 92.473 million compared to TWD 107.199 million a year ago. Operating income was TWD 37.813 million compared to operating loss of TWD 4.919 million a year ago. Net income was TWD 29.107 million compared to TWD 1.302 million a year ago. Basic earnings per share was TWD 0.91 compared to TWD 0.04 a year ago. Diluted earnings per share was TWD 0.9 compared to TWD 0.04 a year ago.