Walton Advanced Engineering, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 12:22 pm EST
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Walton Advanced Engineering, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 1,659.847 million compared to TWD 2,197.265 million a year ago. Operating loss was TWD 109.181 million compared to operating Income of TWD 130.142 million a year ago. Net income was TWD 208.929 million compared to TWD 16.234 million a year ago. Basic earnings per share was TWD 0.41 compared to TWD 0.03 a year ago. For the nine months, sales was TWD 4,875.064 million compared to TWD 6,545.470 million a year ago. Operating loss was TWD 437.167 million compared to operating Income of TWD 409.702 million a year ago. Net income was TWD 6.254 million compared to TWD 290.533 million a year ago. Basic earnings per share was TWD 0.01 compared to TWD 0.56 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. 
