First Hi-Tec Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 03:47 pm
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First Hi-tec Enterprise Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was TWD 531.645 million compared to TWD 585.751 million a year ago. Operating income was TWD 65.907 million compared to TWD 89.897 million a year ago. Net income was TWD 51.025 million compared to TWD 74.834 million a year ago. Basic earnings per share was TWD 0.59 compared to TWD 0.87 a year ago. For the nine months, total revenue was TWD 1,616.979 million compared to TWD 1,730.434 million a year ago. Operating income was TWD 209.027 million compared to TWD 233.177 million a year ago. Net income was TWD 173.748 million compared to TWD 216.109 million a year ago. Basic earnings per share was TWD 2.02 compared to TWD 2.51 a year ago. Diluted earnings per share was TWD 2.01 compared to TWD 2.49 a year ago.
First Hi-tec Enterprise Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of multi-layer printed circuit boards (PCBs). The Company also provides single-layer and double layer PCBs. The Company's products are mainly applied in satellite navigation systems, personal computers (PCs), computer peripherals, computer components, communication equipment, medical equipment, power supplies, industrial equipment and others. The Company distributes its products within the domestic market and to overseas markets.