Well Shin Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 24, 2020 at 06:48 pm EDT
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Well Shin Technology Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 4,861.898 million compared to TWD 5,522.112 million a year ago. Operating income was TWD 613.886 million compared to TWD 767.313 million a year ago. Net income was TWD 520.487 million compared to TWD 707.876 million a year ago. Basic earnings per share was TWD 4.4 compared to TWD 5.99 a year ago. Diluted earnings per share was TWD 4.38 compared to TWD 5.94 a year ago.
Well Shin Technology Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of power cord sets for electronics, information, motors and appliances. The Companyâs main products include power cord sets for consumer products and electrical appliances, plastic injection parts, sockets, conversion plugs and power supplies. The Company is also involved in the electronics assembly and foundry business. The Company's products are mainly used in computers, home appliances, large servers and electronic and electrical equipment. The Company distributes its products in domestic market and to overseas markets, such as the Americas, the rest of Asia and Europe.