Walton Advanced Engineering, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021
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Walton Advanced Engineering, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 2,176.889 million compared to TWD 1,560.186 million a year ago. Operating income was TWD 23.469 million compared to TWD 6.118 million a year ago. Net loss was TWD 19.773 million compared to net income of TWD 89.941 million a year ago. Basic loss per share from continuing operations was TWD 0.04 compared to basic earnings per share from continuing operations of TWD 0.18 a year ago. Diluted loss per share from continuing operations was TWD 0.04 compared to diluted earnings per share from continuing operations of TWD 0.17 a year ago. For the half year, total revenue was TWD 3,582.784 million compared to TWD 3,128.879 million a year ago. Operating loss was TWD 29.690 million compared to TWD 18.292 million a year ago. Net income was TWD 11.907 million compared to net loss of TWD 42.980 million a year ago. Basic earnings per share from continuing operations was TWD 0.02 compared to basic loss per share from continuing operations of TWD 0.09 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.