Aces Electronics Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 06, 2019 at 02:45 pm EST
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ACES Electronics Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 1,994.063 million compared to TWD 1,844.551 million a year ago. Operating income was TWD 126.777 million compared to TWD 105.517 million a year ago. Net income was TWD 152.531 million compared to TWD 144.726 million a year ago. Basic earnings per share was TWD 1.25 compared to TWD 1.18 a year ago. Diluted earnings per share was TWD 1.24 compared to TWD 1.17 a year ago. For the nine months, sales was TWD 5,074.291 million compared to TWD 4,933.966 million a year ago. Operating income was TWD 162.720 million compared to TWD 96.742 million a year ago. Net income was TWD 243.268 million compared to TWD 163.960 million a year ago. Basic earnings per share was TWD 1.99 compared to TWD 1.34 a year ago. Diluted earnings per share was TWD 1.97 compared to TWD 1.33 a year ago.
ACES Electronics Co., Ltd. is principally engaged in the development, design, manufacture and distribution of electronic connectors and cable groups. The Companyâs products are applied in the manufacture of notebook computers and peripheral parts, smart phones, consumer electronics, panels, vehicle equipment and network communication products, among others. The Company distributes its products in domestic market and to overseas markets.