Key Ware Electronics Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 01:03 pm EST
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Key Ware Electronics Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 312.519 million compared to TWD 336.872 million a year ago. Operating income was TWD 25.422 million compared to TWD 20.593 million a year ago. Net income was TWD 38.711 million compared to TWD 45.121 million a year ago. Basic earnings per share was TWD 0.23 compared to TWD 0.27 a year ago. For the nine months, sales was TWD 877.769 million compared to TWD 935.262 million a year ago. Operating income was TWD 32.594 million compared to TWD 30.657 million a year ago. Net income was TWD 62.056 million compared to TWD 43.607 million a year ago. Basic earnings per share was TWD 0.37 compared to TWD 0.26 a year ago.
KEY WARE ELECTRONICS CO., LTD. is a Taiwan-based company principally engaged in the design, manufacture and distribution of drill bits. The Companyâs primary products include drill bits ranging from 0.075 millimeter to 6.5 millimeters. These products are mainly used in the manufacture of printed circuit boards (PCBs), such as flexible circuit boards, hard single-sided circuit boards, hard double-sided boards, aluminum substrates and integrated circuit boards. The Company is also engaged in the provision of value-added services related to the manufacturing of drill bits. The Company mainly operates through two business segments: drill bits business segment and trading business segment. The Company mainly distributes its products in domestic and overseas markets, including the Americas, Europe and other Asian markets.
KEY WARE ELECTRONICS CO., LTD. 
