Excel Cell Electronic Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 05, 2020 at 02:05 pm EST
Share
Excel Cell Electronic Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 452.565 million compared to TWD 449.296 million a year ago. Operating income was TWD 12.281 million compared to TWD 17.138 million a year ago. Net income was TWD 4.684 million compared to TWD 42.775 million a year ago. Basic earnings per share was TWD 0.04 compared to TWD 0.39 a year ago. For the nine months, sales was TWD 1,309.504 million compared to TWD 1,356.503 million a year ago. Operating income was TWD 37.480 million compared to TWD 8.434 million a year ago. Net income was TWD 97.243 million compared to TWD 159.960 million a year ago. Basic earnings per share was TWD 0.89 compared to TWD 1.45 a year ago. Diluted earnings per share was TWD 0.89 compared to TWD 1.44 a year ago.
EXCEL CELL ELECTRONIC CO., LTD. is a Taiwan-based company principally engaged in the processing, manufacture and trading of electronic components. The Companyâs primary products include switches, relays, terminal blocks, connectors and pressing parts, such as lead frames. Its products are applied in the manufacture of household electrical appliances, precision instruments, security products, communication products, computer peripheral products, integrated circuits (ICs) and others. The Company distributes its products primarily in Asia, Europe and the Americas.