Hotron Precision Electronic Industrial Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 12:09 am IST
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Hotron Precision Electronic Industrial Co.,Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 645.431 million compared to TWD 794.359 million a year ago. Operating income was TWD 24.869 million compared to TWD 84.251 million a year ago. Net income was TWD 26.946 million compared to TWD 62.516 million a year ago. Basic earnings per share was TWD 0.33 compared to TWD 0.78 a year ago. For the nine months, sales was TWD 2,004.160 million compared to TWD 2,310.811 million a year ago. Operating income was TWD 172.364 million compared to TWD 276.332 million a year ago. Net income was TWD 138.141 million compared to TWD 212.603 million a year ago. Basic earnings per share was TWD 1.72 compared to TWD 2.64 a year ago. Diluted earnings per share was TWD 1.71 compared to TWD 2.64 a year ago.
HOTRON PRECISION ELECTRONIC INDUSTRIAL CO.LTD. is a Taiwan-based company principally engaged in the manufacture and sales of various kinds of transmission lines. The Company's main products include signal lines, connectors, connection lines, power cords, wires and cables and copper products. The Company's products are mainly used in the areas of information, communications, precision machinery and consumer electronics. The Company distributes its products mainly in Asian market.