Alltop Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 05, 2020 at 02:35 pm EST
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Alltop Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 590.208 million compared to TWD 575.053 million a year ago. Operating income was TWD 173.223 million compared to TWD 146.511 million a year ago. Net income was TWD 144.395 million compared to TWD 143.190 million a year ago. Basic earnings per share was TWD 1.99 compared to TWD 2.23 a year ago. Diluted earnings per share was TWD 1.81 compared to TWD 2.01 a year ago. For the nine months, total revenue was TWD 1,603.726 million compared to TWD 1,412.086 million a year ago. Operating income was TWD 468.011 million compared to TWD 271.423 million a year ago. Net income was TWD 402.053 million compared to TWD 266.219 million a year ago. Basic earnings per share was TWD 5.65 compared to TWD 4.14 a year ago. Diluted earnings per share was TWD 5.03 compared to TWD 3.75 a year ago.
Alltop Technology Co., LTD. is a Taiwan-based company mainly engaged in the manufacture, processing, assembly and trading of connectors. The Company's connectors are mainly applied in the notebook computers and various peripheral products for the transmission of signals and current. The Company is also engaged in the provision of related services. The Company distributes its products within domestic market and other markets in Asia.