Forcecon Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 02:54 am IST
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Forcecon Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 1,724.144 million compared to TWD 1,406.778 million a year ago. Operating income was TWD 185.284 million compared to TWD 137.057 million a year ago. Net income was TWD 98.730 million compared to TWD 102.645 million a year ago. Basic earnings per share was TWD 1.42 compared to TWD 1.66 a year ago. Diluted earnings per share was TWD 1.39 compared to TWD 1.65 a year ago. For the nine months, sales was TWD 4,221.293 million compared to TWD 3,564.451 million a year ago. Operating income was TWD 389.267 million compared to TWD 145.748 million a year ago. Net income was TWD 257.954 million compared to TWD 117.438 million a year ago. Basic earnings per share was TWD 3.86 compared to TWD 1.91 a year ago. Diluted earnings per share was TWD 3.73 compared to TWD 1.9 a year ago.
Forcecon Tech. Co., Ltd. is principally engaged in the design, manufacture, processing and sales of thermal modules and fans. The Companyâs main products include thermal modules and fans used in laptops, desktop computers and high-end servers. The company is also engaged in the development of thermal modules applied in Light Emitting Diode (LED) lightings, LED car headlights and intelligent mobile phones. The Company distributes its products principally in Asia and Europe.