Gallant Precision Machining Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 12:27 am IST
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Gallant Precision Machining Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 923.019 million compared to TWD 1,284.179 million a year ago. Operating income was TWD 54.443 million compared to TWD 196.037 million a year ago. Net income was TWD 49.362 million compared to TWD 142.977 million a year ago. Basic earnings per share was TWD 0.31 compared to TWD 0.86 a year ago. For the nine months, sales was TWD 2,288.274 million compared to TWD 3,182.367 million a year ago. Operating income was TWD 46.007 million compared to TWD 234.825 million a year ago. Net income was TWD 61.244 million compared to TWD 190.647 million a year ago. Basic earnings per share was TWD 0.38 compared to TWD 1.15 a year ago. Diluted earnings per share was TWD 0.38 compared to TWD 1.14 a year ago.
Gallant Precision Machining Co., Ltd. is a Taiwan-based company principally engaged in the design, manufacture and sales of display process equipment, semiconductor process equipment and intelligent automation equipment. The Company provides integrated circuit (IC) packaging front-end equipment, IC packaging back-end equipment, as well as thin film transistor (TFT)-LCD, organic light-emitting diode (OLED), three dimensions (3D) displays and touch panel equipment. The Company also provides manufacture and test equipment for solar panels, as well as automation handling systems and others. The Company distributes its products in domestic market and to overseas markets.
GALLANT PRECISION MACHINING CO., LTD. 
