Universal Microwave Technology, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 01:24 pm EDT
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Universal Microwave Technology, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 427.549 million compared to TWD 545.281 million a year ago. Operating income was TWD 68.250 million compared to TWD 107.118 million a year ago. Net income was TWD 86.803 million compared to TWD 81.118 million a year ago. Basic earnings per share was TWD 1.43 compared to TWD 1.35 a year ago. Diluted earnings per share was TWD 1.41 compared to TWD 1.33 a year ago. For the half year, total revenue was TWD 703.168 million compared to TWD 995.204 million a year ago. Operating income was TWD 86.688 million compared to TWD 189.765 million a year ago. Net income was TWD 81.686 million compared to TWD 142.657 million a year ago. Basic earnings per share was TWD 1.34 compared to TWD 2.37 a year ago. Diluted earnings per share was TWD 1.32 compared to TWD 2.33 a year ago.
Universal Microwave Technology Inc is a Taiwan-based company principally engaged in the design, research, development, manufacture and sale of microwave communication components and subsystems, antennas and radio frequency (RF) components. The microwave components include duplexers, couplers, circulator components and other passive components or integrate multiple components into a sub-system. The components are used in point-to-point or point-to-multipoint communication equipment, mobile communication base stations, broadband wireless transmission and satellite communication systems. The antennas are used in broadcasting, television, mobile phone communication, wireless Internet access, positioning, navigation and tracking. The RF components are used in communication base stations and connect within and between communication equipment. The Company operates within the domestic market and to overseas markets, including China mainland, Asia, Europe and America.
UNIVERSAL MICROWAVE TECHNOLOGY, INC. 
