Aker Technology Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 01:24 pm EST
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Aker Technology Co. Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 107.809 million compared to TWD 149.368 million a year ago. Operating loss was TWD 1.114 million compared to operating Income of TWD 17.707 million a year ago. Net loss was TWD 528,000 compared to net income of TWD 15.182 million a year ago. Basic loss per share was TWD 0.01 compared to basic earnings per share of TWD 0.3 a year ago. For the nine months, sales was TWD 333.747 million compared to TWD 436.450 million a year ago. Operating loss was TWD 2.289 million compared to operating Income of TWD 49.106 million a year ago. Net income was TWD 383,000 compared to TWD 49.020 million a year ago. Basic earnings per share was TWD 0.01 compared to TWD 0.98 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.
AKER TECHNOLOGY CO., LTD 
