Taitien Electronics Co Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 13, 2018 at 08:42 am EST
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Taitien Electronics Co Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced total revenue was TWD 412.538 million compared to TWD 396.358 million a year ago. Sales was TWD 412.538 million compared to TWD 396.358 million a year ago. Operating income was TWD 16.059 million compared to TWD 6.238 million a year ago. Net income was TWD 120.160 million compared to TWD 9.384 million a year ago. Basic earnings per share was TWD 1.6 compared to TWD 0.13 a year ago. Diluted earnings per share was TWD 1.59 compared to TWD 0.13 a year ago. For the nine months, total revenue was TWD 1,139.276 million compared to TWD 1,085.876 million a year ago. Sales was TWD 1,139.276 million compared to TWD 1,085.876 million a year ago. Operating loss was TWD 39.424 million compared to operating Income of TWD 27.034 million a year ago. Net income was TWD 113.071 million compared to TWD 4.629 million a year ago. Basic earnings per share was TWD 1.51 compared to TWD 0.06 a year ago. Diluted earnings per share was TWD 1.5 compared to TWD 0.06 a year ago.
TAITIEN ELECTRONICS CO., LTD. is principally engaged in the manufacture and distribution of quartz oscillators and crystal units. The Company's products include crystal units, service mounted device (SMD) crystals, oscillators, SMD oscillators, temperature compensated crystal oscillators (TCXOs), voltage control crystal oscillators (VCXOs), oven controlled crystal oscillators (OCXOs), quartz wafers and blanks, tuning fork crystals, sensor crystals, global positioning system (GPS) clocks, stress compensated (SC)-cut crystal oscillators and testing and production equipment. The Company distributes its products within domestic market and to overseas markets.
TAITIEN ELECTRONICS CO., LTD. 
