Promate Electronic Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 15, 2020 at 11:57 am EST
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Promate Electronic Co.,Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 7,361.576 million compared to TWD 6,031.051 million a year ago. Net income was TWD 131.628 million compared to TWD 145.252 million a year ago. Basic earnings per share was TWD 0.74 compared to TWD 0.81 a year ago. Diluted earnings per share was TWD 0.64 compared to TWD 0.81 a year ago. For the nine months, sales was TWD 19,567.712 million compared to TWD 16,805.768 million a year ago. Net income was TWD 434.269 million compared to TWD 417.012 million a year ago. Basic earnings per share was TWD 2.43 compared to TWD 2.33 a year ago. Diluted earnings per share was TWD 2.27 compared to TWD 2.31 a year ago.
PROMATE ELECTRONIC CO., LTD is a Taiwan-based company principally engaged in the agency distribution of electronic components, as well as the development and sales of panel modules. The Company's main products include application-specific liquid crystal panels and related products, linear and distributed components, application chips, image processing integrated circuits, microcomputer controllers, light emitting diodes (LEDs) and memory devices. The Company distributes its products in Asia, the Americas and Europe markets.