Taiwan Alpha Electronic Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 01:36 pm EST
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Taiwan Alpha Electronic Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 139.125 million compared to TWD 165.718 million a year ago. Operating income was TWD 9.003 million compared to TWD 23.291 million a year ago. Net income was TWD 10.218 million compared to TWD 20.935 million a year ago. Basic earnings per share was TWD 0.37 compared to TWD 0.58 a year ago. For the nine months, sales was TWD 389.557 million compared to TWD 471.318 million a year ago. Operating income was TWD 14.792 million compared to TWD 43.851 million a year ago. Net income was TWD 21.357 million compared to TWD 34.563 million a year ago. Basic earnings per share was TWD 0.64 compared to TWD 0.96 a year ago. Diluted earnings per share was TWD 0.64 compared to TWD 0.95 a year ago.
TAIWAN ALPHA ELECTRONIC CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of variable resistors. The Company's main products include variable resistors, switches, silicon rectifiers, encoders, thin film sensing components and others. The Company is also involved in the import and export trading of related raw materials and products, as well as the investment and operation businesses. The Company distributes its products to Asia, the Americas and Europe markets.
TAIWAN ALPHA ELECTRONIC CO., LTD. 