Gudeng Precision Industrial Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 11:55 pm IST
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Gudeng Precision Industrial Co. Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 586.949 million compared to TWD 365.304 million a year ago. Operating income was TWD 67.806 million compared to operating loss of TWD 20.347 million a year ago. Net income was TWD 59.982 million compared to net loss of TWD 54.388 million a year ago. Basic earnings per share was TWD 0.87 compared to basic loss per share of TWD 0.77 a year ago. For the nine months, sales was TWD 1,656.855 million compared to TWD 1,083.392 million a year ago. Operating income was TWD 151.600 million compared to operating loss of TWD 85.658 million a year ago. Net income was TWD 187.766 million compared to net loss of TWD 127.043 million a year ago. Basic earnings per share was TWD 2.73 compared to basic loss per share of TWD 1.8 a year ago.
Gudeng Precision Industrial Co., LTD is principally engaged in the production and sale of integrated solutions for protection, transfer and storage of photo masks and molds. The Company primarily operates two business segments. Gudeng segment is involved in the manufacturing and sales of photo masks. Xin Chuang segment is engaged in the sales and maintenance of automotives. The Company consists of four product lines, including photo mask transmission solution, wafer transmission solution, mechanical equipment and other related services. The Company distributes its products in Taiwan and Mainland China.