Shian Yih Electronic Industry Co.,Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 06, 2019 at 01:45 pm EST
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Shian Yih Electronic Industry Co.,Ltd announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 519.891 million compared to TWD 496.360 million a year ago. Operating income was TWD 39.252 million compared to TWD 32.823 million a year ago. Net income was TWD 34.519 million compared to TWD 25.476 million a year ago. Basic earnings per share was TWD 0.56 compared to TWD 0.42 a year ago. Diluted earnings per share was TWD 0.56 compared to TWD 0.41 a year ago. For the nine months, sales was TWD 1,413.960 million compared to TWD 1,379.857 million a year ago. Operating income was TWD 75.024 million compared to TWD 52.984 million a year ago. Net income was TWD 89.957 million compared to TWD 56.078 million a year ago. Basic earnings per share was TWD 1.47 compared to TWD 0.92 a year ago. Diluted earnings per share was TWD 1.45 compared to TWD 0.91 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.