Soaring Technology Co. Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 13, 2018 at 11:59 am EST
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Soaring Technology Co. Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced total revenue was TWD 204.367 million compared to TWD 5.476 million a year ago. Sales was TWD 204.367 million compared to TWD 5.476 million a year ago. Net income was TWD 14.056 million compared to net loss of TWD 12.932 million a year ago. Basic earnings per share was TWD 0.29 compared to basic loss per share of TWD 0.43 a year ago.
For the nine months, total revenue was TWD 323.271 million compared to TWD 46.639 million a year ago. Sales was TWD 323.271 million compared to TWD 46.639 million a year ago. Net income was TWD 49.686 million compared to TWD 17.028 million a year ago. Basic earnings per share was TWD 1.02 compared to TWD 0.58 a year ago.
SOARING TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the electronic components related businesses. The Companyâs primary businesses include the design, manufacture and distribution of liquid crystal displays (LCDs), computers and peripherals equipment and components, electric vehicles and bicycles. The Companyâs principal products include multimedia audio and video systems, LCD monitors, point of sale (POS) devices, open frame LCD monitors, high brightness products and LCD racks, as well as the components of LCDs. The Company mainly distributes its products within domestic market and to overseas markets, including the United States of America (the USA), Europe and other regions.
SOARING TECHNOLOGY CO.,LTD. 
