Fuzetec Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
October 28, 2020 at 08:40 am EDT
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Fuzetec Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 112.361 million compared to TWD 96.717 million a year ago. Operating income was TWD 24.319 million compared to TWD 17.974 million a year ago. Net income was TWD 18.986 million compared to TWD 13.803 million a year ago. Basic earnings per share was TWD 0.6 compared to TWD 0.49 a year ago. For the nine months, sales was TWD 309.720 million compared to TWD 291.321 million a year ago. Operating income was TWD 65.246 million compared to TWD 51.206 million a year ago. Net income was TWD 53.921 million compared to TWD 46.262 million a year ago. Basic earnings per share was TWD 1.72 compared to TWD 1.64 a year ago. Diluted earnings per share was TWD 1.71 compared to TWD 1.63 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.
FUZETEC TECHNOLOGY CO., LTD. 
