Singatron Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 05, 2019 at 02:20 pm EST
Share
Singatron Enterprise Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 925.938 million compared to TWD 843.528 million a year ago. Operating income was TWD 85.456 million compared to TWD 39.563 million a year ago. Net income was TWD 57.838 million compared to TWD 27.186 million a year ago. Basic earnings per share was TWD 0.43 compared to TWD 0.21 a year ago. Diluted earnings per share was TWD 0.43 compared to TWD 0.19 a year ago. For the nine months, sales was TWD 2,456.471 million compared to TWD 2,296.970 million a year ago. Operating income was TWD 142.881 million compared to TWD 89.426 million a year ago. Net income was TWD 120.868 million compared to TWD 27.692 million a year ago. Basic earnings per share was TWD 0.89 compared to TWD 0.22 a year ago. Diluted earnings per share was TWD 0.89 compared to TWD 0.2 a year ago.
SINGATRON ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of electronic connectors. The Company mainly operates through two business segments. The Connectors Operation segment is mainly engaged in the manufacture and sales of connectors. The Electronic Components segment is mainly engaged in the trading of spare parts of set-top boxes. The Companyâs primary products include signal connectors, power connectors and others. Its products are mainly used in the manufacture of computers, telecommunication products, consumer electronics, industrial electronics, medical appliances, automobiles and mobile phones. The Company mainly distributes its products in Taiwan, the Mainland China and other regions.