Leatec Fine Ceramics Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 07:24 am EST
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LEATEC Fine Ceramics Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 176.792 million compared to TWD 271.948 million a year ago. Operating loss was TWD 36.388 million compared to operating Income of TWD 27.451 million a year ago. Net loss was TWD 53.003 million compared to net income of TWD 2.277 million a year ago. Basic loss per share was TWD 0.49 compared to basic earnings per share of TWD 0.02 a year ago. For the nine months, sales was TWD 494.817 million compared to TWD 804.994 million a year ago. Operating loss was TWD 140.138 million compared to operating Income of TWD 51.590 million a year ago. Net loss was TWD 168.539 million compared to TWD 14.393 million a year ago. Basic loss per share was TWD 1.56 compared to TWD 0.13 a year ago.
Leatec Fine Ceramics Co Ltd is a Taiwan-based company principally engaged in the design, manufacture, processing and trading of alumina ceramic substrates. The primary products include ceramic substrates for chip exclusion, ceramic substrates for chip resistors, ceramic substrates for hybrid integrated circuits, laser resistors, polished substrates, solar junction boxes, solar connectors, among others. The Company operates through two business segments. The Precision Ceramics segment is principally engaged in the production and sale of ceramic substrates. The Optoelectronic segment is principally engaged in the production and sale of solar connectors. The Company mainly distributes its products in Asia, America, Europe, among others.
LEATEC FINE CERAMICS CO., LTD. 
