Yuan High-Tech Development Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 13, 2020 at 01:24 am IST
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Yuan High-Tech Development Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 977.128 million compared to TWD 311.043 million a year ago. Operating income was TWD 311.868 million compared to TWD 67.157 million a year ago. Net income was TWD 242.202 million compared to TWD 55.896 million a year ago. Basic earnings per share was TWD 7.31 compared to TWD 1.66 a year ago. Diluted earnings per share was TWD 7.3 compared to TWD 1.65 a year ago. For the nine months, sales was TWD 1,873.819 million compared to TWD 958.283 million a year ago. Operating income was TWD 557.693 million compared to TWD 225.089 million a year ago. Net income was TWD 436.521 million compared to TWD 184.424 million a year ago. Basic earnings per share was TWD 13.1 compared to TWD 5.47 a year ago. Diluted earnings per share was TWD 13.07 compared to TWD 5.45 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. 
