Solteam Electronics Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2018
March 30, 2019 at 04:53 am IST
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Solteam Electronics Co., Ltd. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was TWD 3,943.954 million compared to TWD 3,761.151 million a year ago. Operating income was TWD 148.817 million compared to TWD 216.464 million a year ago. Net income was TWD 124.441 million compared to TWD 170.257 million a year ago. Basic earnings per share was TWD 1.78 compared to TWD 2.54 a year ago. Diluted earnings per share was TWD 1.77 compared to TWD 2.45 a year ago.
Solteam Inc is a Taiwan-based company mainly engaged in the development, manufacture and sale of electronic control devices and frequency conversion controllers. The Company's main products are electronic control devices and frequency conversion controllers. Electronic control devices are mainly used in televisions, tablet computers, notebook computers, mobile phones and digital cameras, game consoles, white goods, electric hand tool products, automobiles and other industrial products. Frequency conversion controllers are mainly used in white goods, electric hand tools, high-voltage connector products which applied to steam locomotives and energy storage industries and other industrial applications. The company distributes its products in domestic and overseas markets.