Inpaq Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 05:26 pm EST
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INPAQ Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 1,590.213 million compared to TWD 1,204.867 million a year ago. Operating income was TWD 223.734 million compared to TWD 122.005 million a year ago. Net income was TWD 149.627 million compared to TWD 127.614 million a year ago. Basic earnings per share was TWD 1.07 compared to TWD 0.87 a year ago. Diluted earnings per share was TWD 1.07 compared to TWD 0.86 a year ago. For the nine months, sales was TWD 3,737.517 million compared to TWD 3,093.225 million a year ago. Operating income was TWD 377.897 million compared to TWD 149.288 million a year ago. Net income was TWD 278.732 million compared to TWD 155.195 million a year ago. Basic earnings per share was TWD 1.99 compared to TWD 1.05 a year ago. Diluted earnings per share was TWD 1.98 compared to TWD 1.05 a year ago.
INPAQ TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of protection components and high-frequency components. The Company operates through two main segments. The Protection Components segment is mainly engaged in the research, manufacture and sales of electromagnetic prevention components, overvoltage protection components and over-current protection components. The High-frequency Components segment is primarily involved in the research, manufacture and sales of global positioning system (GPS) satellite antennas and modules, Bluetooth antennas, global system for mobile communications (GSM), code division multiple access (CDMA) and the third generation (3G) antennas, wireless local area network (WLAN) and wireless fidelity (WIFI), as well as various other antennas and modules. The Company distributes its products both in domestic market and to overseas markets.