Action Electronics Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 13, 2020 at 07:46 pm EST
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Action Electronics Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 380.847 million compared to TWD 368.875 million a year ago. Operating income was TWD 28.700 million compared to TWD 13.892 million a year ago. Net income was TWD 46.171 million compared to TWD 30.546 million a year ago. Basic earnings per share was TWD 0.17 compared to TWD 0.11 a year ago. For the nine months, sales was TWD 1,017.902 million compared to TWD 1,058.001 million a year ago. Operating income was TWD 39.904 million compared to TWD 30.379 million a year ago. Net income was TWD 78.453 million compared to TWD 68.535 million a year ago. Basic earnings per share was TWD 0.28 compared to TWD 0.25 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. 
