Channel Well Technology Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 03:34 pm
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Channel Well Technology Co.,Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 2,224.706 million compared to TWD 1,442.341 million a year ago. Operating income was TWD 419.353 million compared to TWD 220.517 million a year ago. Net income was TWD 333.190 million compared to TWD 199.676 million a year ago. Basic earnings per share was TWD 1.46 compared to TWD 0.88 a year ago. Diluted earnings per share was TWD 1.45 compared to TWD 0.87 a year ago. For the nine months, sales was TWD 4,973.841 million compared to TWD 3,690.088 million a year ago. Operating income was TWD 849.217 million compared to TWD 427.206 million a year ago. Net income was TWD 676.143 million compared to TWD 418.431 million a year ago. Basic earnings per share was TWD 2.97 compared to TWD 1.84 a year ago. Diluted earnings per share was TWD 2.94 compared to TWD 1.82 a year ago.
Channel Well Technology Co., Ltd. is a Taiwan-based company principally engaged in the research, development, manufacture, processing and trading of power supplies. The Companyâs primary products include power supplies for consulting products and industrial devices, external power supplies, personal computer (PC) power, chargers and other power-related downstream products, as well as computers, communication and consumer electronic (3C) related products. Its products are mainly used in computer peripherals, network equipment, communication products, industrial equipment and consumer electronic products, among others. The Company mainly exports its products to Asia, the Americas, Europe and other markets.
CHANNEL WELL TECHNOLOGY CO.,LTD. 
