Giantplus Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 04:55 pm EST
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Giantplus Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 1,784.829 million compared to TWD 2,292.714 million a year ago. Operating loss was TWD 261.413 million compared to operating Income of TWD 39.859 million a year ago. Net loss was TWD 304.500 million compared to net income of TWD 62.029 million a year ago. Basic loss per share was TWD 0.69 compared to basic earnings per share of TWD 0.14 a year ago. For the nine months, sales was TWD 5,124.006 million compared to TWD 6,705.204 million a year ago. Operating loss was TWD 600.369 million compared to TWD 137.113 million a year ago. Net loss was TWD 644.677 million compared to net income of TWD 720.963 million a year ago. Basic loss per share was TWD 1.46 compared to basic earnings per share of TWD 1.63 a year ago.
Giantplus Technology Co., Ltd. is a Taiwan-based company principally engaged in the research, development, manufacture and distribution of liquid crystal display (LCD), touch panels, modules and others. The Company's major products include medium-sized and small-sized mono super twisted nematic (STN) LCDs and liquid crystal modules (LCMs), as well as medium-sized and small-sized thin film transistor (TFT) LCDs and LCMs. In addition, the Company provides touch screens. The Company's LCD products are mainly applied to mobile phones, wireless telephones, personal digital assistants (PDAs), digital cameras, digital photo frames, game machines and others. The Company distributes its products mainly in the domestic market and to the overseas markets, including Asia, the Americas, Europe and other areas.
GIANTPLUS TECHNOLOGY CO., LTD. 
