Laser Tek Taiwan Co.,Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 01:25 pm EST
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Laser Tek Taiwan Co.,Ltd announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 291.385 million compared to TWD 250.198 million a year ago. Operating income was TWD 22.878 million compared to TWD 6.920 million a year ago. Net income was TWD 22.358 million compared to TWD 16.706 million a year ago. Basic earnings per share from continuing operations was TWD 0.27 compared to TWD 0.2 a year ago. Diluted earnings per share was TWD 0.26 compared to TWD 0.2 a year ago. For the nine months, sales was TWD 899.219 million compared to TWD 844.676 million a year ago. Operating income was TWD 82.298 million compared to TWD 33.392 million a year ago. Net income was TWD 112.396 million compared to TWD 64.279 million a year ago. Basic earnings per share from continuing operations was TWD 1.34 compared to TWD 0.77 a year ago. Diluted earnings per share was TWD 1.33 compared to TWD 0.76 a year ago.
LASER TEK TAIWAN CO., LTD. is a Taiwan-based company principally engaged in the manufacturing and sales of passive components. The Company mainly operated through four business segments. The Surface Mounted Devices (SMDs) segment is mainly engaged in the manufacturing, processing and sales of passive components wafer packaging materials, active components plastic packaging materials and related electronic components and spare parts. The Equipment segment is mainly engaged in the sales and maintenance of testing equipment, optical equipment, printing equipment and related components of surface mount technology (SMT), as well as the research and development, manufacture and sales of laser applications equipment and parts. The Wafer Testing and Packaging segment is engaged in the testing and packaging of passive components wafers. The Others segment is mainly engaged in the sales of other electronic products and energy products.
LASER TEK TAIWAN CO.,LTD. 
