Kintech Electronics Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 06, 2019 at 12:26 pm EST
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Kintech Electronics Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 214.553 million compared to TWD 162.335 million a year ago. Operating income was TWD 51.312 million compared to TWD 6.855 million a year ago. Net income was TWD 41.400 million compared to TWD 5.983 million a year ago. Basic earnings per share was TWD 1.18 compared to TWD 0.17 a year ago. For the nine months, sales was TWD 605.168 million compared to TWD 561.350 million a year ago. Operating income was TWD 126.449 million compared to TWD 74.906 million a year ago. Net income was TWD 104.607 million compared to TWD 66.257 million a year ago. Basic earnings per share was TWD 2.98 compared to TWD 1.89 a year ago. Diluted earnings per share was TWD 2.97 compared to TWD 1.88 a year ago.
KINTECH ELECTRONICS CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of printed circuit boards. The Company's main products include single-sided printed circuit boards, double-sided printed circuit boards, multilayer printed circuit boards and raw materials. The Company's products are mainly used in information electronics, communications products and consumer electronics, as well as the areas of aerospace and national defense. The Company distributes its products in domestic market to overseas markets.