Daito Me Holdings Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 13, 2020 at 01:46 pm EST
Share
Daito Me Holdings Co. Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 289.058 million compared to TWD 534.721 million a year ago. Operating loss was TWD 15.954 million compared to operating Income of TWD 7.145 million a year ago. Net loss was TWD 2.950 million compared to net income of TWD 8.069 million a year ago. Basic loss per share was TWD 0.12 compared to basic earnings per share of TWD 0.32 a year ago. For the nine months, sales was TWD 1,096.659 million compared to TWD 2,159.285 million a year ago. Operating loss was TWD 13.765 million compared to operating Income of TWD 102.552 million a year ago. Net income was TWD 2.483 million compared to TWD 73.048 million a year ago. Basic earnings per share was TWD 0.1 compared to TWD 2.9 a year ago. Diluted earnings per share was TWD 0.1 compared to TWD 2.89 a year ago.
Daito Me Holdings Co., Ltd is a Cayman Islands-based company engaged in the wholesale business of electrical and electronic parts, the automation business of industrial management, and the embedded personal computer (PC) business of industrial use. In addition, the Company integrates the supply chain, with manufacturing as the center, and provides complete upstream and downstream industry chain manufacturing services. The Company provides its products to the automotive industry, the industrial machinery industry, and other industries. Its product range includes central processing unit (CPU) motherboards, control machine components, servo motors, power supplies, connectors and others. It provides industrial PC (i-PC) products; open frames, which is a designed frame structure according to customer requirements; motherboard forms, including visual inspection, performance inspection and other for a range of services according to customer requirements.