Taliang Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 03, 2020 at 05:09 pm EST
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Taliang Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 694.741 million compared to TWD 428.319 million a year ago. Operating income was TWD 62.790 million compared to TWD 62.257 million a year ago. Net income was TWD 43.391 million compared to TWD 37.646 million a year ago. Basic earnings per share was TWD 0.54 compared to TWD 0.47 a year ago. For the nine months, sales was TWD 1,588.340 million compared to TWD 1,383.274 million a year ago. Operating income was TWD 123.941 million compared to TWD 129.504 million a year ago. Net income was TWD 123.647 million compared to TWD 125.007 million a year ago. Basic earnings per share was TWD 1.54 compared to TWD 1.56 a year ago. Diluted earnings per share was TWD 1.54 compared to TWD 1.55 a year ago.
Ta liang Technology Co Ltd is a Taiwan-based company principally engaged in the design, manufacture, processing and distribution of computer numerically controlled (CNC) precision machines. The Company's products are applied in printed circuit board (PCB) cutting and forming of back end of line (BEOL), PCB drilling of front end of line (FEOL), cutting and polishing of touch protective panels of cell phones, tablet computers and digital cameras. The Company mainly distributes its products in Taiwan, the rest of Asia and the Americas.