Ventec International Group Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 05, 2020 at 03:14 am EST
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Ventec International Group Co.,Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 1,144.999 million compared to TWD 1,436.470 million a year ago. Operating income was TWD 138.223 million compared to TWD 172.886 million a year ago. Net income was TWD 78.730 million compared to TWD 154.053 million a year ago. Basic earnings per share from continuing operations was TWD 1.11 compared to TWD 2.18 a year ago. Diluted earnings per share from continuing operations was TWD 1.11 compared to TWD 2.17 a year ago. For the nine months, sales was TWD 3,625.087 million compared to TWD 4,013.475 million a year ago. Operating income was TWD 412.051 million compared to TWD 452.962 million a year ago. Net income was TWD 299.700 million compared to TWD 363.324 million a year ago. Basic earnings per share from continuing operations was TWD 4.24 compared to TWD 5.32 a year ago. Diluted earnings per share from continuing operations was TWD 4.21 compared to TWD 5.29 a year ago.
Ventec International Group Co.,Ltd. is a Cayman Islands incorporated company. The Company is mainly engaged in manufacturing and sale of adhesive sheet used for printing circuit boards, copper foil substrate and aluminum substrate. The Company's main products include copper foil substrate used for double-sided printed circuit board, Inner copper foil substrate and adhesive sheet used for multilayer printed circuit board, aluminum substrate and others.