Gallant Micro. Machining Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 12:12 pm EST
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Gallant Micro. Machining Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 234.611 million compared to TWD 270.373 million a year ago. Operating income was TWD 45.127 million compared to TWD 26.107 million a year ago. Net income was TWD 37.872 million compared to TWD 25.693 million a year ago. Basic earnings per share was TWD 1.34 compared to TWD 1 a year ago. Diluted earnings per share was TWD 1.32 compared to TWD 0.99 a year ago. For the nine months, sales was TWD 592.196 million compared to TWD 698.238 million a year ago. Operating income was TWD 87.951 million compared to TWD 74.412 million a year ago. Net income was TWD 78.197 million compared to TWD 60.280 million a year ago. Basic earnings per share was TWD 2.77 compared to TWD 2.34 a year ago. Diluted earnings per share was TWD 2.71 compared to TWD 2.31 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 Companyâs 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 Companyâs products are mainly sold in domestic market and other Asian areas as well.
GALLANT MICRO. MACHINING CO., LTD. 
