Paragon Technologies Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 12:41 pm EST
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Paragon Technologies Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 140.009 million compared to TWD 167.359 million a year ago. Operating loss was TWD 34.427 million compared to TWD 80.249 million a year ago. Net loss was TWD 42.633 million compared to TWD 90.986 million a year ago. Basic loss per share was TWD 0.54 compared to TWD 1.15 a year ago. For the nine months, sales was TWD 397.436 million compared to TWD 445.554 million a year ago. Operating loss was TWD 73.651 million compared to TWD 215.577 million a year ago. Net loss was TWD 90.411 million compared to TWD 249.778 million a year ago. Basic loss per share was TWD 1.14 compared to TWD 3.16 a year ago.
Paragon Technologies Co., Ltd is a Taiwan-based company principally engaged in Electromagnetic Interference (EMI) Shielding surface treatment and rim appearance coating surface treatment. The Company's products and services are applied in the surface processing and coating of mobile phones, personal digital assistants (PDAs), global positioning systems (GPSs), notebook computers, touch panels, liquid crystal displays (LCDs) and automobile spare parts, among others. The Company operates its business through three segments: equipment sales and services, EMI and AP. The Company operates its businesses primarily in Asia.