Hold Jinn Electronics Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 12:24 pm EST
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Hold Jinn Electronics Co. Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 66.085 million compared to TWD 76.189 million a year ago. Operating loss was TWD 71.528 million compared to TWD 6.103 million a year ago. Net income was TWD 173.882 million compared to net loss of TWD 8.884 million a year ago. Basic earnings per share from continuing operations was TWD 3.04 compared to basic loss per share from continuing operations of TWD 0.1 a year ago. Basic earnings per share was TWD 3.04 compared to basic loss per share of TWD 0.16 a year ago. For the nine months, sales was TWD 249.177 million compared to TWD 194.752 million a year ago. Operating loss was TWD 139.345 million compared to TWD 40.542 million a year ago. Net income was TWD 102.655 million compared to net loss of TWD 26.427 million a year ago. Basic earnings per share from continuing operations was TWD 1.79 compared to basic loss per share from continuing operations of TWD 0.63 a year ago. Basic earnings per share was TWD 1.79 compared to basic loss per share of TWD 0.46 a year ago.
YJN Co Ltd is a Taiwan-based company principally engaged in the manufacture, processing and trading of transformer wire frames. The Company provides surface mount device (SMD) transformer wire frames, plastic and bakelite type transformer wire frames and engineered products. The Company's transformer wire racks are mainly used for transformer applications and inverters in notebook computers, inverters in liquid crystal display (LCD) monitors, digital cameras, scanners and communication equipment, power supplies devices, cathode ray tube (CRT) monitors, power converters, mobile phone chargers and consumer appliances. The Company mainly distributes its products in Mainland China.