Soaring Technology Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 11:29 pm IST
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Soaring Technology Co.,Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 145.479 million compared to TWD 171.988 million a year ago. Operating income was TWD 4.488 million compared to TWD 13.827 million a year ago. Net income was TWD 4.602 million compared to TWD 14.056 million a year ago. Basic earnings per share was TWD 0.09 compared to TWD 0.29 a year ago. For the nine months, sales was TWD 421.041 million compared to TWD 270.437 million a year ago. Operating income was TWD 11.109 million compared to TWD 16.025 million a year ago. Net income was TWD 11.974 million compared to TWD 49.686 million a year ago. Basic earnings per share was TWD 0.25 compared to TWD 1.02 a year ago.
SOARING TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the electronic components related businesses. The Companyâs primary businesses include the design, manufacture and distribution of liquid crystal displays (LCDs), computers and peripherals equipment and components, electric vehicles and bicycles. The Companyâs principal products include multimedia audio and video systems, LCD monitors, point of sale (POS) devices, open frame LCD monitors, high brightness products and LCD racks, as well as the components of LCDs. The Company mainly distributes its products within domestic market and to overseas markets, including the United States of America (the USA), Europe and other regions.
SOARING TECHNOLOGY CO.,LTD. 
