Walton Advanced Engineering, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 12:14 pm EST
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Walton Advanced Engineering, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 1,433.931 million compared to TWD 1,659.847 million a year ago. Operating loss was TWD 13.061 million compared to TWD 109.181 million a year ago. Net income was TWD 207.322 million compared to TWD 208.929 million a year ago. Basic earnings per share was TWD 0.42 compared to TWD 0.41 a year ago. Diluted earnings per share was TWD 0.39 compared to TWD 0.38 a year ago. For the nine months, sales was TWD 4,562.810 million compared to TWD 4,875.064 million a year ago. Operating loss was TWD 31.353 million compared to TWD 437.167 million a year ago. Net income was TWD 164.342 million compared to TWD 6.254 million a year ago. Basic earnings per share was TWD 0.33 compared to TWD 0.01 a year ago. Diluted earnings per share was TWD 0.32 compared to TWD 0.01 a year ago.
WALTON ADVANCED ENGINEERING, INC. is a Taiwan-based company principally engaged in the packaging and testing business. The Company mainly provides assembly and testing services. The Company provides thin small-outline package (TSOP) integrated circuits (ICs), ball grid array (BGA) ICs, multi-chip stacking package (MCP), chip scale package (CSP) and trench BGA, flash memory products, micro-secure digital (SD) cards, memory modules, universal serial bus (USB), three dimensional (3D) stack up products and package on package (POP) products, among others. The Company distributes its products within domestic market and to overseas markets.
WALTON ADVANCED ENGINEERING, INC. 
