Fuzetec Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
February 25, 2020 at 07:14 am EST
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Fuzetec Technology Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 395.246 million compared to TWD 423.356 million a year ago. Operating income was TWD 76.978 million compared to TWD 85.378 million a year ago. Net income was TWD 61.757 million compared to TWD 74.052 million a year ago. Basic earnings per share was TWD 2.12 compared to TWD 2.65 a year ago. Diluted earnings per share was TWD 2.12 compared to TWD 2.64 a year ago.
Fuzetec Technology Co., Ltd. is engaged in the manufacture of electronic components. The Company is mainly involved in the research, development, manufacture and distribution of polymeric positive temperature coefficient resettable fuses (PPTC), which are used in vehicles, communication networks, industrial control automation and green energy field, among others. The Company mainly distributes its products within domestic and overseas markets.