Taiwan Line Tek Electronic Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 13, 2020 at 03:30 am IST
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Taiwan Line Tek Electronic Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 1,274.873 million compared to TWD 1,306.693 million a year ago. Operating income was TWD 66.946 million compared to TWD 68.358 million a year ago. Net income was TWD 54.857 million compared to TWD 64.534 million a year ago. Basic earnings per share was TWD 0.39 compared to TWD 0.45 a year ago. For the nine months, sales was TWD 3,273.182 million compared to TWD 3,502.953 million a year ago. Operating income was TWD 116.119 million compared to TWD 81.571 million a year ago. Net income was TWD 119.926 million compared to TWD 100.853 million a year ago. Basic earnings per share was TWD 0.84 compared to TWD 0.71 a year ago.
TAIWAN LINE TEK ELECTRONIC CO., LTD is a Taiwan-based company principally engaged in the manufacture, processing and distribution of power cords and connecting cables. The Company provides power cords for computers and electrical appliances, as well as connecting cables for information peripheral products and telecommunication equipment. Its products are applied in household electrical appliances, computers, communication devices, consumer electronic products, information peripheral products and others. The Company distributes its products principally in Asia, the Americas and Europe.
TAIWAN LINE TEK ELECTRONIC CO., LTD. 
