Gallant Precision Machining Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 10:21 pm IST
Share
Gallant Precision Machining Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 1,284.179 million compared to TWD 1,079.897 million a year ago. Net income was TWD 142.977 million compared to TWD 45.768 million a year ago. Basic earnings per share was TWD 0.86 compared to TWD 0.28 a year ago. For the nine months, sales was TWD 3,182.367 million compared to TWD 3,657.830 million a year ago. Net income was TWD 190.647 million compared to TWD 324.155 million a year ago. Basic earnings per share was TWD 1.15 compared to TWD 1.96 a year ago. Diluted earnings per share was TWD 1.14 compared to TWD 1.94 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.