Shian Yih Electronic Industry Co.,Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 09, 2020
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Shian Yih Electronic Industry Co.,Ltd announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 444.139 million compared to TWD 519.891 million a year ago. Operating income was TWD 23.168 million compared to TWD 39.252 million a year ago. Net income was TWD 8.241 million compared to TWD 34.519 million a year ago. Basic earnings per share was TWD 0.13 compared to TWD 0.56 a year ago. For the nine months, sales was TWD 1,207.275 million compared to TWD 1,413.960 million a year ago. Operating income was TWD 37.657 million compared to TWD 75.024 million a year ago. Net income was TWD 24.142 million compared to TWD 89.957 million a year ago. Basic earnings per share was TWD 0.39 compared to TWD 1.47 a year ago. Diluted earnings per share was TWD 0.39 compared to TWD 1.45 a year ago.
Shian Yih Electronic Industry Co Ltd is a Taiwan-based company mainly engaged in the manufacture and distribution of light emitting diode (LED) backlight modules. The Company's production model is based on Original Design Manufacturing (ODM) and Original Equipment Manufacturing (OEM). Its products are applied in liquid crystal displays (LCDs), notebook computers, LCD televisions, digital cameras, personal digital assistants (PDAs) and mobile phones, among others. The Company distributes its products primarily in Taiwan and other Asian markets.