Gallant Micro. Machining Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 15, 2020 at 08:13 am EST
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Gallant Micro. Machining Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 273.530 million compared to TWD 234.611 million a year ago. Net income was TWD 28.689 million compared to TWD 37.872 million a year ago. Basic earnings per share was TWD 1.01 compared to TWD 1.34 a year ago. Diluted earnings per share was TWD 1.01 compared to TWD 1.32 a year ago. For the nine months, sales was TWD 630.621 million compared to TWD 592.196 million a year ago. Net income was TWD 47.185 million compared to TWD 78.197 million a year ago. Basic earnings per share was TWD 1.67 compared to TWD 2.77 a year ago. Diluted earnings per share was TWD 1.65 compared to TWD 2.71 a year ago.
GALLANT MICRO. MACHINING CO., LTD. is a Taiwan-based company principally engaged in the manufacture of semiconductor manufacturing equipment, as well as the provision of components and technical services. The Company's main products include Integrated Circuit (IC) packaging equipment, such as chip sorters, die bonders, auto molds and laser marks; IC packaging back ends, such as mold chases of auto molds, molds and precision components of punching machines; semiconductor automation machines, such as automatic tray exchange machines, fully auto sputter inline machines and automatic optical inspection machines. The Company's products are mainly sold in domestic market and other Asian areas as well.