Advanced International Multitech Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 05, 2020 at 03:32 pm EST
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Advanced International Multitech Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 3,235.769 million compared to TWD 2,235.025 million a year ago. Operating income was TWD 448.066 million compared to TWD 103.792 million a year ago. Net income was TWD 251.016 million compared to TWD 75.476 million a year ago. Basic earnings per share was TWD 1.86 compared to TWD 0.56 a year ago. Diluted earnings per share was TWD 1.85 compared to TWD 0.56 a year ago. For the nine months, sales was TWD 8,001.133 million compared to TWD 8,439.114 million a year ago. Operating income was TWD 610.990 million compared to TWD 613.210 million a year ago. Net income was TWD 393.401 million compared to TWD 427.320 million a year ago. Basic earnings per share was TWD 2.91 compared to TWD 3.16 a year ago. Diluted earnings per share was TWD 2.89 compared to TWD 3.14 a year ago.
ADVANCED GROUP is a Taiwan company principally engaged in the manufacture, processing and sales of carbon fiber prepregs and carbon fiber products. The Company's main products include golf clubs and other golf equipment, golf balls and composite products. The Company is also involved in the manufacture, processing and sales of carbon fiber fabrics in the aerospace industry, as well as the import and export trading of golf related products and carbon fiber fabrics. The Company distributes its products in domestic market and to overseas markets, including the Americas, the rest areas of Asia and others.
ADVANCED INTERNATIONAL MULTITECH CO., LTD. 