Fit Holding Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019
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FIT Holding Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 2,386.846 million compared to TWD 351.906 million a year ago. Operating loss was TWD 115.693 million compared to TWD 9.412 million a year ago. Net income was TWD 21.913 million compared to net loss of TWD 17.320 million a year ago. Basic earnings per share was TWD 0.09 compared to basic loss per share of TWD 0.18 a year ago. For the nine months, sales was TWD 6,203.097 million compared to TWD 1,105.056 million a year ago. Operating loss was TWD 373.307 million compared to TWD 2.676 million a year ago. Net loss was TWD 221.941 million compared to net income of TWD 5.501 million a year ago. Basic loss per share was TWD 0.9 compared to basic earnings per share of TWD 0.06 a year ago.
FIT Holding Co., Ltd. is a Taiwan-based company mainly engaged in general investment business. Through its investment holding company subsidiaries, the Company also conducts the trading of Apple products and peripherals, the manufacturing and trading of electronic products, the manufacturing and trading of mobile peripheral products, the development and maintenance of renewable energy, and the research, development, manufacture of wired and wireless cloud image scanners and image identification devices, and the provision of labor and processing services, the research, design, development, manufacturing and sales of optical and optical communication components, including optical lens sets, mainly used in smartphones, tablets, game consoles and fiber optic networks product connectors.