Securitag Assembly Group Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 04, 2020 at 03:47 pm EST
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Securitag Assembly Group Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 243.601 million compared to TWD 267.856 million a year ago. Operating income was TWD 28.577 million compared to TWD 26.723 million a year ago. Net income was TWD 21.882 million compared to TWD 22.411 million a year ago. Basic earnings per share was TWD 0.61 compared to TWD 0.63 a year ago. For the nine months, sales was TWD 750.278 million compared to TWD 735.462 million a year ago. Operating income was TWD 90.050 million compared to TWD 66.895 million a year ago. Net income was TWD 74.751 million compared to TWD 58.804 million a year ago. Basic earnings per share was TWD 2.1 compared to TWD 1.65 a year ago.
Securitag Assembly Group Co., Ltd. is a Taiwan-based company mainly engaged in the manufacture and distribution of radio frequency identification (RFID) tags and RFID labels. The Company mainly provides RFID tags, including silicone bangle wristbands, metal stick tags, laundry tags and others, and RFID labels, including smart labels, cube smart labels, tamper proof labels and others. The Company also provides proximity cards, including clamshell cards, key tag cards, thermo rewrite cards and others; RFID keyfobs, including sailboat keyfobs, thumb keyfobs, pear epoxy keyfobs, mini keyfobs, arch keyfob tags, translucent keyfobs and others, and inlay products, such as cube inlays. Its products are used in gate systems, electronic wallets, member cards, asset management and other areas. The Company distributes its products within domestic market and to overseas markets.
SECURITAG ASSEMBLY GROUP CO., LTD. 
