Forcecon Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 10, 2019 at 03:59 pm
Share
Forcecon Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 1,406.778 million compared to TWD 1,254.315 million a year ago. Operating income was TWD 137.057 million compared to TWD 59.219 million a year ago. Net income was TWD 102.645 million compared to TWD 62.747 million a year ago. Basic earnings per share was TWD 1.82 compared to TWD 1.12 a year ago. Diluted earnings per share was TWD 1.81 compared to TWD 1.12 a year ago. For the nine months, sales was TWD 3,564.451 million compared to TWD 3,166.265 million a year ago. Operating income was TWD 145.748 million compared to operating loss of TWD 20.195 million a year ago. Net income was TWD 117.438 million compared to TWD 13.373 million a year ago. Basic earnings per share was TWD 2.09 compared to TWD 0.24 a year ago. Diluted earnings per share was TWD 2.08 compared to TWD 0.24 a year ago.
Forcecon Tech. Co., Ltd. is principally engaged in the design, manufacture, processing and sales of thermal modules and fans. The Companyâs main products include thermal modules and fans used in laptops, desktop computers and high-end servers. The company is also engaged in the development of thermal modules applied in Light Emitting Diode (LED) lightings, LED car headlights and intelligent mobile phones. The Company distributes its products principally in Asia and Europe.