Asia Metal Industries, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 09, 2020 at 08:04 pm EST
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Asia Metal Industries, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 212.054 million compared to TWD 211.312 million a year ago. Operating income was TWD 26.384 million compared to TWD 29.304 million a year ago. Net income was TWD 9.536 million compared to TWD 22.585 million a year ago. Basic earnings per share was TWD 0.53 compared to TWD 1.25 a year ago. For the nine months, sales was TWD 685.914 million compared to TWD 572.805 million a year ago. Operating income was TWD 96.652 million compared to TWD 77.748 million a year ago. Net income was TWD 55.489 million compared to TWD 70.898 million a year ago. Basic earnings per share was TWD 3.07 compared to TWD 3.93 a year ago. Diluted earnings per share was TWD 3.06 compared to TWD 3.91 a year ago.
ASIA METAL INDUSTRIES, INC. is a Taiwan-based company mainly engaged in the manufacture and sale of printed circuit board substrates processing equipment and thin films processing equipment, as well as the sale services business. The Company is mainly engaged in the production of copper foil substrates vertical treating equipment, flexible circuit boards coating equipment, ceramic capacitors coating equipment, low temperature co-fired ceramics (LTCC) coating equipment and energy substrates processing equipment. The Company distributes its products in domestic market and to mainland China market.