Promate Electronic Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 13, 2020 at 03:28 pm EDT
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Promate Electronic Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced total revenue was TWD 5,573.049 million compared to TWD 4,825.822 million a year ago. Operating income was TWD 206.131 million compared to TWD 186.947 million a year ago. Net income was TWD 140.827 million compared to TWD 112.968 million a year ago. Basic earnings per share was TWD 0.79 compared to TWD 0.63 a year ago. Diluted earnings per share was TWD 0.78 compared to TWD 0.62 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.