Ant Precision Industry Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 04:18 pm EST
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ANT Precision Industry Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 152.647 million compared to TWD 141.241 million a year ago. Operating income was TWD 16.209 million compared to TWD 10.612 million a year ago. Net income was TWD 16.697 million compared to TWD 20.148 million a year ago. Basic earnings per share was TWD 0.43 compared to TWD 0.52 a year ago. Diluted earnings per share was TWD 0.43 compared to TWD 0.51 a year ago. For the nine months, sales was TWD 398.043 million compared to TWD 396.510 million a year ago. Operating income was TWD 19.988 million compared to TWD 29.859 million a year ago. Net income was TWD 16.902 million compared to TWD 41.790 million a year ago. Basic earnings per share was TWD 0.43 compared to TWD 1.07 a year ago. Diluted earnings per share was TWD 0.43 compared to TWD 1.06 a year ago.
Ant Precision Industry Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of connectors, cable assemblies, as well as molds and the related components. The Company's connector products are mainly applied in the transmission of signals or electricity within electronic systems. Its cable assembly products are mainly applied in the vehicle audio and video communications, entertainment and navigation systems. It industrial mold products mainly consist of plastic molds and stamping dies. The Company mainly distributes its products in domestic market and to overseas markets.