Jhen Vei Electronic Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
November 11, 2018 at 04:22 pm EST
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Jhen Vei Electronic Co., Ltd. announced earnings results for the third quarter and nine months ended September 30, 2018. For the third quarter, the company announced total revenue was TWD 235.991 million compared to TWD 294.326 million a year ago. Sales was TWD 237.631 million compared to TWD 296.199 million a year ago. Operating income was TWD 9.303 million compared to operating loss of TWD 34.771 million a year ago. Net income was TWD 6.938 million compared to net loss of TWD 37.388 million a year ago. Basic earnings per share was TWD 0.11 compared to basic loss per share of TWD 0.58 a year ago.
For the nine months, total revenue was TWD 597.930 million compared to TWD 626.752 million a year ago. Sales was TWD 602.971 million compared to TWD 630.279 million a year ago. Operating loss was TWD 9.853 million compared to TWD 56.618 million a year ago. Net loss was TWD 10.313 million compared to TWD 65.277 million a year ago. Basic loss per share was TWD 0.16 compared to TWD 1.02 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.