Koge Micro Tech Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 09:48 am EDT
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Koge Micro Tech Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 287.983 million compared to TWD 295.003 million a year ago. Operating income was TWD 59.698 million compared to TWD 36.073 million a year ago. Net income was TWD 37.477 million compared to TWD 36.169 million a year ago. Basic earnings per share was TWD 1.26 compared to TWD 1.21 a year ago. For the half year, sales was TWD 442.276 million compared to TWD 569.840 million a year ago. Operating income was TWD 69.173 million compared to TWD 84.659 million a year ago. Net income was TWD 52.856 million compared to TWD 72.350 million a year ago. Basic earnings per share was TWD 1.78 compared to TWD 2.43 a year ago. Diluted earnings per share was TWD 1.77 compared to TWD 2.42 a year ago.
KOGE MICRO TECH CO., LTD is a Taiwan-based company mainly engaged in the research, development, manufacture and distribution of micro pumps, micro valves and plastic components. The Company mainly provides pump products and valve products, such as diaphragm pumps, piston pumps, impeller pumps, centrifugal pumps and solenoid valves, among others, which are used in automobile, medical equipment, household appliance, industrial equipment and office industries. The Company mainly distributes its products in domestic and overseas markets.