Uvat Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 12:04 pm EST
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UVAT Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 189.495 million compared to TWD 360.556 million a year ago. Operating income was TWD 44.824 million compared to TWD 79.192 million a year ago. Net income was TWD 29.794 million compared to TWD 56.734 million a year ago. Basic earnings per share was TWD 0.77 compared to TWD 1.49 a year ago. Diluted earnings per share was TWD 0.76 compared to TWD 1.48 a year ago. For the nine months, sales was TWD 603.023 million compared to TWD 753.447 million a year ago. Operating income was TWD 87.618 million compared to TWD 109.080 million a year ago. Net income was TWD 78.560 million compared to TWD 110.440 million a year ago. Basic earnings per share was TWD 2.02 compared to TWD 3.04 a year ago. Diluted earnings per share was TWD 2 compared to TWD 3.02 a year ago.
UVAT Technology Co., Ltd. is mainly engaged in the provision of coating original equipment manufacturing (OEM) services and the manufacture and sale of vacuum sputtering equipment. The Company's coating OEM services include the surface coating processing of consumer electronics, anti-electro-magnetic interference (EMI) coating processing, various of optical coating services, non conductive vacuum metallization (NCVM) and high- and low-temperature indium tin oxide (ITO) coating services, among others. Its vacuum sputtering equipment includes in-line continuous sputters, plasma surface treatment machines, solar equipment, touch panel coating equipment and other types of coating equipment, among others. The Company distributes its products in domestic markets and to overseas markets.