Chieftek Precision Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 03:43 pm
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Chieftek Precision Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 347.443 million compared to TWD 321.874 million a year ago. Operating income was TWD 65.733 million compared to TWD 63.883 million a year ago. Net income was TWD 46.928 million compared to TWD 42.085 million a year ago. Basic earnings per share was TWD 0.58 compared to TWD 0.52 a year ago. For the nine months, sales was TWD 1,029.218 million compared to TWD 1,000.252 million a year ago. Operating income was TWD 194.243 million compared to TWD 185.935 million a year ago. Net income was TWD 145.085 million compared to TWD 131.090 million a year ago. Basic earnings per share was TWD 1.79 compared to TWD 1.61 a year ago.
CHIEFTEK PRECISION Co., LTD. is a Taiwan-based company principally engaged in research, development, manufacture and sales of slide rails and motors. The Company's main products include miniature linear slides, standard linear slides, linear motors, micro and standard linear modules and optoelectronic and semiconductor process equipment. The Company's products are mainly used in automation equipment, machine tools, semiconductors, liquid crystal display (LCD) panels and solar cells, electronic products, medical and biotech products, optical instruments, aerospace and national defense, as well as general machinery. The Company distributes its products in domestic market and to overseas markets, such as the rest of Asia, Europe and the Americas.
CHIEFTEK PRECISION CO., LTD. 
