Cincon Electronics Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 01:51 pm EST
Share
Cincon Electronics Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 311.452 million compared to TWD 252.201 million a year ago. Operating income was TWD 41.967 million compared to TWD 26.563 million a year ago. Net income was TWD 39.497 million compared to TWD 24.203 million a year ago. Basic earnings per share was TWD 0.82 compared to TWD 0.5 a year ago. For the nine months, sales was TWD 818.902 million compared to TWD 848.382 million a year ago. Operating income was TWD 86.497 million compared to TWD 90.936 million a year ago. Net income was TWD 93.621 million compared to TWD 78.450 million a year ago. Basic earnings per share was TWD 1.95 compared to TWD 1.63 a year ago. Diluted earnings per share was TWD 1.94 compared to TWD 1.63 a year ago.
Cincon Electronics Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of power supplies. The Company's products include battery chargers, mobile phone battery converters, switched power supplies, linear power supplies, direct current (DC) converters and alternating current (AC) converters, among others. The Company's products are applied in information and communication products, consumer electronics, medical apparatus, and industrial electronic equipment, as well as military and aircraft industries. The Company distributes its products within Taiwan and China Mainland markets.
CINCON ELECTRONICS CO., LTD. 
