Yufo Electronics Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 01:50 am IST
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Yufo Electronics Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 405.552 million compared to TWD 336.284 million a year ago. Operating income was TWD 48.619 million compared to TWD 23.751 million a year ago. Net income was TWD 40.382 million compared to TWD 30.566 million a year ago. Basic earnings per share was TWD 0.6 compared to TWD 0.39 a year ago. For the nine months, sales was TWD 1,127.806 million compared to TWD 908.784 million a year ago. Operating income was TWD 112.102 million compared to TWD 14.482 million a year ago. Net income was TWD 96.459 million compared to TWD 24.659 million a year ago. Basic earnings per share was TWD 1.3 compared to TWD 0.32 a year ago.
YUFO ELECTRONICS CO.,LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of various types of printed circuit boards. The Company's main products include multilayer printed circuit boards, double-sided printed circuit boards and others. The Company is also involved in the manufacture, processing and sales of electronic products and parts, as well as the provision of maintenance and installation services. The Company is also engaged in the sales of general chemical raw materials. The Company distributes its products in Hong Kong market.