Inpaq Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 02:16 am IST
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INPAQ Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 1,204.867 million compared to TWD 1,129.118 million a year ago. Operating income was TWD 122.005 million compared to operating loss of TWD 20.099 million a year ago. Net income was TWD 127.614 million compared to TWD 183.591 million a year ago. Basic earnings per share was TWD 0.87 compared to TWD 1.27 a year ago. Diluted earnings per share was TWD 0.86 compared to TWD 1.26 a year ago. For the nine months, sales was TWD 3,093.225 million compared to TWD 2,952.297 million a year ago. Operating income was TWD 149.288 million compared to operating loss of TWD 1.864 million a year ago. Net income was TWD 155.195 million compared to TWD 241.581 million a year ago. Basic earnings per share was TWD 1.05 compared to TWD 2.09 a year ago. Diluted earnings per share was TWD 1.05 compared to TWD 2.07 a year ago.
INPAQ TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of protection components and high-frequency components. The Company operates through two main segments. The Protection Components segment is mainly engaged in the research, manufacture and sales of electromagnetic prevention components, overvoltage protection components and over-current protection components. The High-frequency Components segment is primarily involved in the research, manufacture and sales of global positioning system (GPS) satellite antennas and modules, Bluetooth antennas, global system for mobile communications (GSM), code division multiple access (CDMA) and the third generation (3G) antennas, wireless local area network (WLAN) and wireless fidelity (WIFI), as well as various other antennas and modules. The Company distributes its products both in domestic market and to overseas markets.