Penpower Technology Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 45.071 million compared to TWD 48.030 million a year ago. Operating loss was TWD 5.435 million compared to TWD 3.636 million a year ago. Net loss was TWD 4.454 million compared to TWD 574,000 a year ago. Basic loss per share was TWD 0.14 compared to TWD 0.01 a year ago. For the nine months, sales was TWD 137.544 million compared to TWD 155.229 million a year ago. Operating income was TWD 27.290 million compared to operating loss of TWD 8.446 million a year ago. Net income was TWD 24.653 million compared to TWD 837,000 a year ago. Basic earnings per share was TWD 0.77 compared to TWD 0.03 a year ago.