Sunflex Tech Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 08:56 am EST
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Sunflex Tech Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 211.516 million compared to TWD 333.053 million a year ago. Net loss was TWD 25.855 million compared to net income of TWD 33.609 million a year ago. Basic loss per share was TWD 0.39 compared to basic earnings per share of TWD 0.5 a year ago. For the nine months, sales was TWD 533.225 million compared to TWD 824.326 million a year ago. Net loss was TWD 19.824 million compared to net income of TWD 61.187 million a year ago. Basic loss per share was TWD 0.3 compared to basic earnings per share of TWD 0.91 a year ago.
SUNFLEX TECH. CO., Ltd. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of various types of flexible printed circuit boards. The Company's main products include double-sided flexible printed circuit boards, single-sided flexible printed circuit boards and others. The Company's products are mainly used in mobile phones, tablet computers, monitors, notebook computers, optical disc drives, liquid crystal displays (LCDs), digital cameras, digital versatile discs (DVDs) and global positioning systems (GPS). The Company distributes its products in domestic market and to overseas markets, such as the rest of Asia, Europe and the Americas.