High Tek Harness Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 07, 2018 at 05:14 pm EST
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High Tek Harness Enterprise Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 857.056 million compared to TWD 676.137 million a year ago. Operating income was TWD 16.045 million compared to operating loss of TWD 6.278 million a year ago. Net income was TWD 44.784 million compared to net loss of TWD 17.786 million a year ago. Basic earnings per share was TWD 0.45 compared to basic loss per share of TWD 0.18 a year ago. Diluted earnings per share was TWD 0.39 compared to TWD 0 a year ago.
For the nine months, sales was TWD 2,301.192 million compared to TWD 1,877.485 million a year ago. Operating loss was TWD 15.670 million compared to operating Income of TWD 15.641 million a year ago. Net income was TWD 20.748 million compared to net loss of TWD 27.122 million a year ago. Basic earnings per share was TWD 0.21 compared to basic loss per share of TWD 0.28 a year ago. Diluted earnings per share was TWD 0.2 compared to TWD 0 a year ago.
High-Tek Harness Enterprise Co., Ltd is a Taiwan-based company principally engaged in the manufacture, processing and distribution of cable assemblies. The Company provides micro coaxial cable assemblies, which are applied in notebook computers, personal digital assistants (PDAs) and liquid crystal display (LCD) televisions; electronic cable assemblies, which are applied in notebook computers, ultra thin LCD monitors, servers, LCD televisions and other consumer electronics; antenna cable assemblies, which are applied in mobile phones, PDAs and notebook computers; junction coaxial cable assemblies, which are applied in digital cameras and digital video cameras, as well as cable assemblies for medical equipment. The Company mainly distributes its products in Taiwan, the rest of Asia and Central America.
HIGH-TEK HARNESS ENTERPRISE CO., LTD. 
