Podak Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 09, 2020 at 02:01 pm EDT
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Podak Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 767.866 million compared to TWD 651.730 million a year ago. Operating income was TWD 58.715 million compared to TWD 37.980 million a year ago. Net income was TWD 33.941 million compared to TWD 32.809 million a year ago. Basic earnings per share was TWD 0.63 compared to TWD 0.67 a year ago. For the half year, sales was TWD 1,398.965 million compared to TWD 1,263.283 million a year ago. Operating income was TWD 114.541 million compared to TWD 89.253 million a year ago. Net income was TWD 82.066 million compared to TWD 77.773 million a year ago. Basic earnings per share was TWD 1.53 compared to TWD 1.6 a year ago. Diluted earnings per share was TWD 1.52 compared to TWD 1.58 a year ago.
PODAK CO., LTD. is principally engaged in the agent distribution of Panasonic passive products and Panasonic active products. The Company is also engaged in the distribution of other products, including batteries, relays, motors, connectors, surveillance system equipment, light-emitting diode (LED) tubes and home appliances. The Panasonic passive products include solid capacitors, electrolytic capacitors, plastic capacitors, power chokes and gold capacitors. The Panasonic active products include transistors, diodes, metal oxide semiconductor field effect transistor (MOSFETs) and LEDs. The Company distributes its products in Taiwan and Mainland China.
PODAK CO., LTD. 
