Kintech Electronics Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 10, 2021 at 01:59 am EST
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Kintech Electronics Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 204.23 million compared to TWD 173.53 million a year ago. Net income was TWD 28.86 million compared to TWD 20.65 million a year ago. Basic earnings per share from continuing operations was TWD 0.82 compared to TWD 0.59 a year ago. Diluted earnings per share from continuing operations was TWD 0.82 compared to TWD 0.59 a year ago.
For the nine months, sales was TWD 543.5 million compared to TWD 560.5 million a year ago. Net income was TWD 70.2 million compared to TWD 75.72 million a year ago. Basic earnings per share from continuing operations was TWD 2 compared to TWD 2.16 a year ago. Diluted earnings per share from continuing operations was TWD 1.99 compared to TWD 2.15 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.