Chia Chang Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 12:23 pm EST
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Chia Chang Co. Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 1,987.355 million compared to TWD 1,982.635 million a year ago. Operating income was TWD 241.554 million compared to TWD 270.786 million a year ago. Net income was TWD 143.399 million compared to TWD 199.718 million a year ago. Basic earnings per share was TWD 1.01 compared to TWD 1.4 a year ago. Diluted earnings per share was TWD 1 compared to TWD 1.39 a year ago. For the nine months, total revenue was TWD 5,212.064 million compared to TWD 5,577.750 million a year ago. Operating income was TWD 596.074 million compared to TWD 664.278 million a year ago. Net income was TWD 465.099 million compared to TWD 487.791 million a year ago. Basic earnings per share was TWD 3.27 compared to TWD 3.43 a year ago. Diluted earnings per share was TWD 3.23 compared to TWD 3.39 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.