Asia Neo Tech Industrial Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 13, 2018 at 02:24 am IST
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Asia Neo Tech Industrial Co.,Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 204.117 million compared to TWD 168.740 million a year ago. Operating income was TWD 21.854 million compared to TWD 26.776 million a year ago. Net income was TWD 16.775 million compared to TWD 30.959 million a year ago. Basic earnings per share was TWD 0.59 compared to TWD 1.09 a year ago.
For the nine months, sales was TWD 482.204 million compared to TWD 441.218 million a year ago. Operating income was TWD 37.551 million compared to TWD 72.335 million a year ago. Net income was TWD 41.394 million compared to TWD 59.384 million a year ago. Basic earnings per share was TWD 1.46 compared to TWD 2.1 a year ago.
Asia Neo Tech Industrial Co., Ltd. is a Taiwan-based company principally engaged in the design, research, development, manufacture and sales of automatic drying equipment and related mechanical equipment. The Company's main products include conveyor ovens, ovens, printed circuit boards (PCBs), cover lens, green glass and touch panels. The Company distributes its products in domestic market and to overseas markets, such as mainland China.