Simplo Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 12:24 pm EST
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Simplo Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 22,802.191 million compared to TWD 20,351.835 million a year ago. Operating income was TWD 2,057.163 million compared to TWD 1,193.645 million a year ago. Net income was TWD 1,442.929 million compared to TWD 1,227.842 million a year ago. Basic earnings per share was TWD 7.8 compared to TWD 6.64 a year ago. Diluted earnings per share was TWD 7.77 compared to TWD 6.61 a year ago. For the nine months, sales was TWD 56,865.066 million compared to TWD 51,484.120 million a year ago. Operating income was TWD 4,083.412 million compared to TWD 2,856.340 million a year ago. Net income was TWD 3,291.291 million compared to TWD 2,688.991 million a year ago. Basic earnings per share was TWD 17.79 compared to TWD 14.54 a year ago. Diluted earnings per share was TWD 17.7 compared to TWD 14.47 a year ago.
Simplo Technology Co Ltd is a Taiwan-based company mainly engaged in the manufacture and sale of lithium battery packs. The main products include lithium battery packs for laptops, tablet personal computers, smart mobile phones, wearable electronics and industrial computers, as well as lightweight power batteries, portable power supplies, enterprise server battery packs, consumer appliance battery packs. The Company is also engaged in the provision of power and power system integration services. The Company operates within the domestic market and to overseas markets, including Asia, the Americas and Europe.