Cincon Electronics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 13, 2019 at 01:29 pm
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Cincon Electronics Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 310.262 million compared to TWD 305.248 million a year ago. Operating income was TWD 33.613 million compared to TWD 38.712 million a year ago. Net income was TWD 27.241 million compared to TWD 46.013 million a year ago. Basic earnings per share was TWD 0.57 compared to TWD 0.96 a year ago.
Cincon Electronics Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of power supplies. The Company's products include battery chargers, mobile phone battery converters, switched power supplies, linear power supplies, direct current (DC) converters and alternating current (AC) converters, among others. The Company's products are applied in information and communication products, consumer electronics, medical apparatus, and industrial electronic equipment, as well as military and aircraft industries. The Company distributes its products within Taiwan and China Mainland markets.