Jhen Vei Electronic Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 10, 2019 at 03:16 pm EST
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Jhen Vei Electronic Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 213.335 million compared to TWD 235.991 million a year ago. Operating income was TWD 10.434 million compared to TWD 9.224 million a year ago. Net income was TWD 10.185 million compared to TWD 6.938 million a year ago. Basic earnings per share was TWD 0.26 compared to TWD 0.24 a year ago. For the nine months, sales was TWD 612.934 million compared to TWD 597.930 million a year ago. Operating income was TWD 9.959 million compared to operating loss of TWD 9.932 million a year ago. Net income was TWD 9.102 million compared to net loss of TWD 10.313 million a year ago. Basic earnings per share was TWD 0.23 compared to basic loss per share of TWD 0.36 a year ago.
Jhen Vei Electronic Co Ltd is a Taiwan-based company mainly engaged in the production, manufacture, and sale of electronic components. The electronic components are used in consumer electronics, industrial electronics, medical and automotive products. The Company provides electronic components back-end processing services, including surface mount technology (SMT), dual in line package (DIP), coating, assembly, testing and packaging services. The Company also provides system integration services for solar power plant sales and power plant construction and long-term maintenance. The Company distributes its products in Taiwan and other Asian markets.