Taiwan Takisawa Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 15, 2020 at 10:08 am EST
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Taiwan Takisawa Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 502.939 million compared to TWD 630.541 million a year ago. Operating income was TWD 6.989 million compared to TWD 53.994 million a year ago. Net income was TWD 6.896 million compared to TWD 25.628 million a year ago. Basic earnings per share was TWD 0.1 compared to TWD 0.35 a year ago. For the nine months, sales was TWD 1,561.262 million compared to TWD 1,972.864 million a year ago. Operating income was TWD 43.304 million compared to TWD 159.876 million a year ago. Net income was TWD 3.447 million compared to TWD 118.465 million a year ago. Basic earnings per share was TWD 0.05 compared to TWD 1.63 a year ago.
TAIWAN TAKISAWA TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of mechanical equipment and other electrical and electronic machinery and equipment. The Company's main products include computer numerical control (CNC) lathes, original equipment manufacturer (OEM) production lathes, printed circuit board (PCB) drilling machines, high-speed precision lathes and others. The Company's products are mainly used in automobiles, aerospace, national defense, as well as computer, communications and consumer electronics (3C) products. The Company distributes its products in domestic market to overseas markets, including the rest areas of Asia, Europe, the Americas and others.
TAIWAN TAKISAWA TECHNOLOGY CO., LTD. 
