Lumax International Corp., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 06, 2020 at 02:20 pm EDT
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Lumax International Corp., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 1,509.310 million compared to TWD 1,701.817 million a year ago. Operating income was TWD 226.904 million compared to TWD 293.034 million a year ago. Net income was TWD 181.257 million compared to TWD 233.946 million a year ago. Basic earnings per share was TWD 1.7 compared to TWD 2.19 a year ago. Diluted earnings per share was TWD 1.69 compared to TWD 2.18 a year ago. For the half year, sales was TWD 2,890.794 million compared to TWD 3,171.138 million a year ago. Operating income was TWD 415.112 million compared to TWD 536.823 million a year ago. Net income was TWD 346.937 million compared to TWD 440.036 million a year ago. Basic earnings per share was TWD 3.25 compared to TWD 4.12 a year ago. Diluted earnings per share was TWD 3.21 compared to TWD 4.09 a year ago.
Lumax International Corp Ltd is a Taiwan-based company mainly engaged in the distribution of electronic and telecommunication components and materials, the sale and purchase of program-controlled instruments, and system integration engineering services. The Company operates mainly through the Program Control Instrumentation segment, Program Control Systems segment, Communication and Linear Transmission Systems segment, Electronic Components segment, and Other Program Control business segment. Electronic and communication components and materials are sold to domestic and foreign electronic product manufacturers and traders in the same industry. Program-controlled instrument sales and system integration engineering services mainly provide domestic state-owned enterprises and private enterprises with the business of program-controlled instruments needed to reduce process variation.
LUMAX INTERNATIONAL CORP., LTD. 
