Integrated Service Technology, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 02:50 pm EST
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Integrated Service Technology, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 769.495 million compared to TWD 714.280 million a year ago. Operating income was TWD 63.364 million compared to TWD 11.062 million a year ago. Net income was TWD 84.545 million compared to TWD 15.636 million a year ago. Basic earnings per share from continuing operations was TWD 0.9 compared to TWD 0.27 a year ago. Basic earnings per share was TWD 0.9 compared to TWD 0.24 a year ago. Diluted earnings per share from continuing operations was TWD 0.86 compared to TWD 0.27 a year ago. Diluted earnings per share was TWD 0.86 compared to TWD 0.24 a year ago. For the nine months, sales was TWD 2,271.774 million compared to TWD 1,803.500 million a year ago. Operating income was TWD 202.308 million compared to operating loss of TWD 127.542 million a year ago. Net income was TWD 229.444 million compared to net loss of TWD 96.536 million a year ago. Basic earnings per share from continuing operations was TWD 2.45 compared to basic loss per share from continuing operations of TWD 1.1 a year ago. Basic earnings per share was TWD 2.45 compared to basic loss per share of TWD 1.52 a year ago. Diluted earnings per share from continuing operations was TWD 2.35 compared to diluted loss per share from continuing operations of TWD 1.1 a year ago. Diluted earnings per share was TWD 2.35 compared to diluted loss per share of TWD 1.52 a year ago.
Integrated Service Technology Inc. is a Taiwan-based company primarily engaged in provision of confirmatory analysis and quality guarantee services. The Company provides focus ion beam (FIB) modification services; engineering sample preparation services, including integrated circuit (IC) packaging and integration, IC decapsulation services, surface mount technique (SMT) services and others; failure analysis, including non-destructive engineering, electric testing, defect detection and competitive analysis; reliability testing for IC products, printed circuit boards (PCBs) and system modules; material analysis, including structure observation, surface analysis, thermal analysis and component analysis, as well as registration, evaluation, authorisation and chemical analysis services. The Company mainly conducts its businesses in Taiwan, the Unites States and Mainland China.