Gem Terminal Industry Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 02:42 pm EDT
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GEM Terminal Industry Co.,Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 860.115 million compared to TWD 913.887 million a year ago. Operating income was TWD 44.894 million compared to operating loss of TWD 1.410 million a year ago. Net income was TWD 21.504 million compared to net loss of TWD 2.643 million a year ago. Basic earnings per share was TWD 0.13 compared to basic loss per share of TWD 0.02 a year ago. For the half year, sales was TWD 1,349.213 million compared to TWD 1,691.763 million a year ago. Operating loss was TWD 76.972 million compared to TWD 1.394 million a year ago. Net loss was TWD 69.126 million compared to TWD 35.269 million a year ago. Basic loss per share was TWD 0.41 compared to TWD 0.21 a year ago.
Gem Terminal Ind. Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of connectors. The Company's products are mainly used in the manufacturing of electronic communication, automobile transportation and electric appliance plugs. The Company is also engaged in the provision of raw materials, ceramic ferrules, bushings and molds. The Company mainly distributes its products in Mainland China and Taiwan markets.
GEM TERMINAL INDUSTRY CO.,LTD. 
