AKER Technology Co., Ltd. Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
November 08, 2018 at 08:44 am EST
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AKER Technology Co. Ltd. announced earnings results for the third quarter and nine months ended September 30, 2018. For the third quarter, the company announced sales was TWD 149.368 million compared to TWD 140.333 million a year ago. Operating income was TWD 17.707 million compared to TWD 13.703 million a year ago. Net income was TWD 15.182 million compared to TWD 10.536 million a year ago. Basic earnings per share was TWD 0.3 compared to TWD 0.21 a year ago.
For the nine months, sales was TWD 436.450 million compared to TWD 423.418 million a year ago. Operating income was TWD 49.106 million compared to TWD 42.271 million a year ago. Net income was TWD 49.020 million compared to TWD 20.632 million a year ago. Basic earnings per share was TWD 0.98 compared to TWD 0.41 a year ago.
AKER TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and distribution of quartz crystal products. The Companyâs primary products include quartz crystal units, quartz crystal filters, quartz crystal oscillators and surface mount device (SMD) quartz crystal units and crystal oscillators. The Companyâs products are mainly used in the manufacture of computers, remote control toys, television (TV) games, wireless phones, Internet communication applications, consumer electronics, automotive electronics, pagers, mobile phones, very high frequency (VHF) wireless receivers and global positioning system (GPS) receivers. The Company mainly operates its businesses in Taiwan, Hong Kong, the Mainland China and Europe.