Hi Sharp Electronics Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 09:03 pm IST
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Hi Sharp Electronics Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 208.200 million compared to TWD 220.122 million a year ago. Operating income was TWD 4.513 million compared to TWD 12.222 million a year ago. Net income was TWD 2.352 million compared to TWD 8.361 million a year ago. Basic earnings per share was TWD 0.06 compared to TWD 0.2 a year ago. For the nine months, sales was TWD 620.174 million compared to TWD 628.038 million a year ago. Operating income was TWD 22.063 million compared to TWD 25.873 million a year ago. Net income was TWD 15.747 million compared to TWD 18.468 million a year ago. Basic earnings per share was TWD 0.38 compared to TWD 0.44 a year ago.
Hi Sharp Electronics Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sale of electronic monitoring products. The Company's products consist of video cameras, including color cameras, infrared cameras, network cameras and wireless network cameras; monitors, including touch screen type, widescreen type and digital video recorder (DVR) type liquid crystal display (LCD) monitors; parking systems, including LCD monitors which are used in automobiles, and DVRs and servers, including real-time DVRs, multifunctional DVRs, network DVRs, monitor-type multimedia servers, network image servers, matrix controllers, color digital compressors and color decollators, among others. The Company distributes its products within the domestic market and to overseas markets.