UNMET EXPECTATIONS: The company reported an operating loss of NT$14 million and said business visibility for the second half was lower amid global uncertainties

Taipei Times
Date: Aug 06, 2019
By: Lisa Wang  /  Staff reporter

TPK Holding Co’s (宸鴻) net profit last quarter more than doubled to NT$54 million (US$1.71 million) as better-than-expected seasonal demand from the tablets segment helped offset a slump in smartphones, corportate officials said.

It reported net profit of NT$24 million in the first quarter.

Earnings per share rose to NT$0.13 last quarter from NT$0.06 a quarter earlier.

However, the touch module and sensor supplier reported an operating loss of NT$14 million, falling short of its expectation of breaking even, and reversing the operating income of NT$119 million it reported in the first quarter.    [FULL  STORY]