Asia Vital Components Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 02:52 pm
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Asia Vital Components Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 10,048.192 million compared to TWD 9,914.834 million a year ago. Operating income was TWD 968.959 million compared to TWD 330.893 million a year ago. Net income was TWD 639.913 million compared to TWD 258.787 million a year ago. Basic earnings per share was TWD 1.81 compared to TWD 0.74 a year ago. Diluted earnings per share was TWD 1.81 compared to TWD 0.73 a year ago. For the nine months, total revenue was TWD 29,139.567 million compared to TWD 26,313.082 million a year ago. Operating income was TWD 2,179.152 million compared to TWD 735.298 million a year ago. Net income was TWD 1,401.513 million compared to TWD 669.924 million a year ago. Basic earnings per share was TWD 3.97 compared to TWD 1.9 a year ago. Diluted earnings per share was TWD 3.96 compared to TWD 1.89 a year ago.
Asia Vital Components Co., Ltd. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of computer, communications and consumer electronics (3C) products. The Company's main products include central processing unit (CPU) radiators, heat sinks, fans, notebook cooling modules, heat exchangers, graphite, heat pipes and soaking plates, water-cooled boards and computer cases. The Company's products are mainly used in the areas of communications and networking, power and energy, transportation, server, personal computer and smart phone. The Company distributes its products in domestic market and to overseas markets, such as the rest areas of Asia, the Americas and Europe.