Yuan High-Tech Development Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 13, 2020 at 01:56 am IST
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Yuan High-Tech Development Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 290.017 million compared to TWD 266.204 million a year ago. Operating income was TWD 64.951 million compared to TWD 59.069 million a year ago. Net income was TWD 57.267 million compared to TWD 49.234 million a year ago. Basic earnings per share was TWD 1.7 compared to TWD 1.46 a year ago. Diluted earnings per share was TWD 1.69 compared to TWD 1.46 a year ago.
Yuan High-Tech Development Co., Ltd. is a Taiwan-based company principally engaged in the manufacture, processing and sales of video and audio products. The Companyâs primary products include digital and analog television cards with peripheral component interconnect (PCI) express, digital and analog television boxes universal serial bus (USB), hardware compressed PCI express, hardware compressed boxes USB and video capture and converter cards. Its products are mainly used for the consumer, personal computer television (PCTV), surveillance and mobile digital video recorder (DVR) markets. The Company mainly distributes its products in the domestic market and overseas markets, including the rest of Asia, the Americas and Europe.
YUAN HIGH-TECH DEVELOPMENT CO., LTD. 
