Prosperity Dielectrics Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 10, 2019 at 03:00 pm EST
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Prosperity Dielectrics Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 975.615 million compared to TWD 1,903.327 million a year ago. Operating income was TWD 175.524 million compared to TWD 777.375 million a year ago. Net income was TWD 171.514 million compared to TWD 523.327 million a year ago. Basic earnings per share was TWD 1 compared to TWD 3.04 a year ago. Diluted earnings per share was TWD 1 compared to TWD 3.03 a year ago. For the nine months, sales was TWD 3,355.944 million compared to TWD 4,290.634 million a year ago. Operating income was TWD 741.171 million compared to TWD 1,472.949 million a year ago. Net income was TWD 620.885 million compared to TWD 1,130.002 million a year ago. Basic earnings per share was TWD 3.61 compared to TWD 6.57 a year ago. Diluted earnings per share was TWD 3.6 compared to TWD 6.55 a year ago.
PROSPERITY DIELECTRICS CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of semiconductor components. The Companyâs primary products include ceramic dielectric powders, disc type semi-conductive capacitor elements, multilayer ceramic chip capacitors, chip resistors, diodes and coils. The Companyâs products are mainly used in the manufacturing of circuits and elements for information, communication and consumer electronic products. The Company mainly operates through two business segments: Taiwan segment and the Mainland China segment. The Company mainly distributes its products in domestic markets and to overseas markets, including the rest of Asia, the Americas and Europe.