Securitag Assembly Group Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 06, 2019 at 05:18 pm EST
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Securitag Assembly Group Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 267.856 million compared to TWD 223.912 million a year ago. Operating income was TWD 26.723 million compared to TWD 18.813 million a year ago. Net income was TWD 22.411 million compared to TWD 16.378 million a year ago. Basic earnings per share was TWD 0.63 compared to TWD 0.46 a year ago. For the nine months, sales was TWD 735.462 million compared to TWD 644.221 million a year ago. Operating income was TWD 66.895 million compared to TWD 32.838 million a year ago. Net income was TWD 58.804 million compared to TWD 33.203 million a year ago. Basic earnings per share was TWD 1.65 compared to TWD 0.93 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. 
