U-Media Communications, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 08, 2020 at 04:16 pm EST
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U-MEDIA Communications, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 722.677 million compared to TWD 609.576 million a year ago. Operating income was TWD 99.642 million compared to TWD 50.092 million a year ago. Net income was TWD 63.836 million compared to TWD 40.046 million a year ago. Basic earnings per share was TWD 1.95 compared to TWD 1.22 a year ago. Diluted earnings per share was TWD 1.93 compared to TWD 1.22 a year ago. For the nine months, sales was TWD 1,603.007 million compared to TWD 1,450.363 million a year ago. Operating income was TWD 176.420 million compared to TWD 86.684 million a year ago. Net income was TWD 120.295 million compared to TWD 73.281 million a year ago. Basic earnings per share was TWD 3.68 compared to TWD 2.24 a year ago. Diluted earnings per share was TWD 3.64 compared to TWD 2.22 a year ago.
U-MEDIA Communications, Inc. is a Taiwan-based company principally engaged in the design and manufacture of network communications equipment. The Company's main products include wireless broadband network applications, multimedia digital gateways and others. The Company distributes its products mainly to overseas markets, such as the Americas and Europe.