Taiwan Alpha Electronic Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 13, 2018 at 05:50 pm IST
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Taiwan Alpha Electronic Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 165.718 million compared to TWD 162.637 million a year ago. Net income was TWD 20.935 million compared to TWD 17.551 million a year ago. Basic earnings per share was TWD 0.58 compared to TWD 0.49 a year ago.
For the nine months, sales was TWD 471.318 million compared to TWD 470.136 million a year ago. Net income was TWD 34.563 million compared to TWD 48.660 million a year ago. Basic earnings per share was TWD 0.96 compared to TWD 1.35 a year ago. Diluted earnings per share was TWD 0.95 compared to TWD 1.34 a year ago.
TAIWAN ALPHA ELECTRONIC CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of variable resistors. The Company's main products include variable resistors, switches, silicon rectifiers, encoders, thin film sensing components and others. The Company is also involved in the import and export trading of related raw materials and products, as well as the investment and operation businesses. The Company distributes its products to Asia, the Americas and Europe markets.