Aces Electronics Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 01:11 am IST
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ACES Electronics Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 2,279.287 million compared to TWD 2,057.629 million a year ago. Operating income was TWD 162.883 million compared to TWD 126.777 million a year ago. Net income was TWD 116.565 million compared to TWD 152.531 million a year ago. Basic earnings per share was TWD 0.95 compared to TWD 1.25 a year ago. Diluted earnings per share was TWD 0.95 compared to TWD 1.24 a year ago. For the nine months, total revenue was TWD 5,933.363 million compared to TWD 5,240.294 million a year ago. Operating income was TWD 250.106 million compared to TWD 162.720 million a year ago. Net income was TWD 227.126 million compared to TWD 243.268 million a year ago. Basic earnings per share was TWD 1.86 compared to TWD 1.99 a year ago. Diluted earnings per share was TWD 1.84 compared to TWD 1.97 a year ago.
ACES Electronics Co., Ltd. is principally engaged in the development, design, manufacture and distribution of electronic connectors and cable groups. The Companyâs products are applied in the manufacture of notebook computers and peripheral parts, smart phones, consumer electronics, panels, vehicle equipment and network communication products, among others. The Company distributes its products in domestic market and to overseas markets.