Chia Chang Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 12:48 pm EST
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Chia Chang Co. Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 1,982.635 million compared to TWD 1,927.479 million a year ago. Operating income was TWD 270.786 million compared to TWD 248.499 million a year ago. Net income was TWD 199.718 million compared to TWD 248.354 million a year ago. Basic earnings per share was TWD 1.4 compared to TWD 1.74 a year ago. Diluted earnings per share was TWD 1.39 compared to TWD 1.74 a year ago. For the nine months, sales was TWD 5,577.750 million compared to TWD 5,024.592 million a year ago. Operating income was TWD 664.278 million compared to TWD 532.056 million a year ago. Net income was TWD 487.791 million compared to TWD 497.556 million a year ago. Basic earnings per share was TWD 3.43 compared to TWD 3.49 a year ago. Diluted earnings per share was TWD 3.39 compared to TWD 3.46 a year ago.
Chia Chang Co., Ltd. is a Taiwan-based company principally engaged in the stamping business. The Company's main products are metal stamping bezels, metal stamping back covers, inverters, shielding, lamp covers, plates and brackets, among others. The Company's products are applied in the manufacture of mobile phones, notebook computers, liquid crystal display (LCD) monitors, LCD televisions (TVs), computer peripheral products, automobile LCD monitors and industrial computers, among others. The Company distributes its products within domestic and to overseas markets.