Promate Electronic Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 10:44 am EST
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Promate Electronic Co.,Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was TWD 6,031.051 million compared to TWD 5,391.695 million a year ago. Operating income was TWD 219.889 million compared to TWD 232.092 million a year ago. Net income was TWD 145.252 million compared to TWD 148.854 million a year ago. Basic earnings per share was TWD 0.81 compared to TWD 0.83 a year ago. Diluted earnings per share was TWD 0.81 compared to TWD 0.82 a year ago. For the nine months, total revenue was TWD 16,805.768 million compared to TWD 14,957.896 million a year ago. Operating income was TWD 639.826 million compared to TWD 587.750 million a year ago. Net income was TWD 417.012 million compared to TWD 406.389 million a year ago. Basic earnings per share was TWD 2.33 compared to TWD 2.27 a year ago. Diluted earnings per share was TWD 2.31 compared to TWD 2.25 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.