Action Electronics Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 09:16 am EST
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Action Electronics Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 368.875 million compared to TWD 396.451 million a year ago. Operating income was TWD 13.892 million compared to operating loss of TWD 6.302 million a year ago. Net income was TWD 30.546 million compared to TWD 2.801 million a year ago. Basic earnings per share was TWD 0.11 compared to TWD 0.01 a year ago. For the nine months, sales was TWD 1,058.001 million compared to TWD 1,235.303 million a year ago. Operating income was TWD 30.379 million compared to TWD 16.978 million a year ago. Net income was TWD 68.535 million compared to TWD 35.935 million a year ago. Basic earnings per share was TWD 0.25 compared to TWD 0.13 a year ago.
Action Electronics Co., Ltd. is a Taiwan-based company principally engaged in the manufacture, processing, distribution, maintenance and technology services of electronic products. The Company provides portable multimedia players, liquid crystal digital televisions and digital video disks (DVD), digital photo frames, mobile entertainment products, mobile Internet products, solar application products and tablet personal computers, among others. The Company also involves in the provision of related technology transfer and consulting services. It distributes its products primarily in Asia, Europe and the Americas.
ACTION ELECTRONICS CO., LTD. 
