Fuzetec Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 03, 2020 at 06:28 pm
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Fuzetec Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 95.734 million compared to TWD 94.100 million a year ago. Operating income was TWD 16.899 million compared to TWD 16.202 million a year ago. Net income was TWD 15.953 million compared to TWD 15.893 million a year ago. Basic earnings per share was TWD 0.51 compared to TWD 0.57 a year ago.
Fuzetec Technology Co., Ltd. is engaged in the manufacture of electronic components. The Company is mainly involved in the research, development, manufacture and distribution of polymeric positive temperature coefficient resettable fuses (PPTC), which are used in vehicles, communication networks, industrial control automation and green energy field, among others. The Company mainly distributes its products within domestic and overseas markets.