Allied Circuit Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 05, 2020 at 03:33 pm EST
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Allied Circuit Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 711.980 million compared to TWD 538.723 million a year ago. Operating income was TWD 140.795 million compared to TWD 83.775 million a year ago. Net income was TWD 115.236 million compared to TWD 68.116 million a year ago. Basic earnings per share was TWD 2.32 compared to TWD 1.37 a year ago. Diluted earnings per share was TWD 2.29 compared to TWD 1.36 a year ago. For the nine months, sales was TWD 2,281.477 million compared to TWD 1,412.021 million a year ago. Operating income was TWD 533.718 million compared to TWD 158.153 million a year ago. Net income was TWD 437.331 million compared to TWD 131.022 million a year ago. Basic earnings per share was TWD 8.79 compared to TWD 2.63 a year ago. Diluted earnings per share was TWD 8.72 compared to TWD 2.62 a year ago.
Allied Circuit Co Ltd is principally engaged in the manufacture and distribution of printed circuit boards (PCBs). The Company primarily provides multi-layer PCBs and high density interconnect (HDI) boards. The Company's double-sided PCBs are mainly used in terminals, fax machines, computer peripheral equipment, industrial instruments and general communications equipment, among others. Its multi-layer PCBs are mainly applied in computer and related peripherals, consumer electronics, data storage devices, servers, computer workstations, precise testers, communications equipment, industrial control instruments and medical devices, among others. The Company mainly distributes its products to domestic and Asia market.
ALLIED CIRCUIT CO., LTD. 
