Asia Electronic Material Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 07, 2019 at 12:31 am IST
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Asia Electronic Material Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 529.670 million compared to TWD 618.819 million a year ago. Operating income was TWD 59.072 million compared to TWD 109.235 million a year ago. Net income was TWD 13.343 million compared to TWD 48.735 million a year ago. Basic earnings per share was TWD 0.14 compared to TWD 0.49 a year ago. For the nine months, sales was TWD 1,387.614 million compared to TWD 1,512.863 million a year ago. Operating income was TWD 69.320 million compared to TWD 201.007 million a year ago. Net income was TWD 13.386 million compared to TWD 99.341 million a year ago. Basic earnings per share was TWD 0.14 compared to TWD 1.01 a year ago. Diluted earnings per share was TWD 0.14 compared to TWD 1 a year ago.
Asia Electronic Material Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of electronic materials. The Companyâs products primarily include flexible copper clad laminates, coverlays, stiffeners, bonding sheets, electromagnetic interference shielding films and others. The Company's FCCL products are primarily applied in mobile phones, digital cameras, laptops, liquid crystal display (LCD) monitors, printers and others. The Company distributes its products both in domestic markets and to overseas markets.