Chang Wah Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 05, 2021 at 04:49 pm
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Chang Wah Technology Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 3,328.82 million compared to TWD 2,401.52 million a year ago. Net income was TWD 571.6 million compared to TWD 275.84 million a year ago. Basic earnings per share from continuing operations was TWD 0.644 compared to TWD 0.312 a year ago. Diluted earnings per share from continuing operations was TWD 0.644 compared to TWD 0.312 a year ago.
For the nine months, sales was TWD 9,119.73 million compared to TWD 6,993.5 million a year ago. Net income was TWD 1,120.21 million compared to TWD 603.55 million a year ago. Basic earnings per share from continuing operations was TWD 1.264 compared to TWD 0.684 a year ago. Diluted earnings per share from continuing operations was TWD 1.264 compared to TWD 0.684 a year ago.
CHANG WAH TECHNOLOGY CO., LTD is a Taiwan-based lead frame manufacturer. The Company's main products is involved in integrated circuit (IC) lead frames, encapsulated resin and light emitting diode (LED) lead frames. The Company's products are used in the IC industry and the optoelectronic industry. The lead frame can be divided into three categories including integrated circuit lead frame, photovoltaic element lead frame and light emitting diode lead frame according to the different chips. The Company distributes its products mainly to Asia and Europe.