Well Shin Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 08, 2019 at 01:03 am IST
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Well Shin Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 1,331.967 million compared to TWD 1,601.945 million a year ago. Operating income was TWD 155.389 million compared to TWD 309.218 million a year ago. Net income was TWD 162.742 million compared to TWD 271.822 million a year ago. Basic earnings per share was TWD 1.38 compared to TWD 2.3 a year ago. Diluted earnings per share was TWD 1.37 compared to TWD 2.29 a year ago. For the nine months, sales was TWD 3,826.996 million compared to TWD 4,077.328 million a year ago. Operating income was TWD 466.481 million compared to TWD 601.111 million a year ago. Net income was TWD 432.872 million compared to TWD 569.538 million a year ago. Basic earnings per share was TWD 3.66 compared to TWD 4.82 a year ago. Diluted earnings per share was TWD 3.64 compared to TWD 4.79 a year ago.
Well Shin Technology Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of power cord sets for electronics, information, motors and appliances. The Companyâs main products include power cord sets for consumer products and electrical appliances, plastic injection parts, sockets, conversion plugs and power supplies. The Company is also involved in the electronics assembly and foundry business. The Company's products are mainly used in computers, home appliances, large servers and electronic and electrical equipment. The Company distributes its products in domestic market and to overseas markets, such as the Americas, the rest of Asia and Europe.
WELL SHIN TECHNOLOGY CO., LTD. 
