Global Tek Fabrication Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 02:43 pm
Share
GLOBAL TEK FABRICATION CO., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 913.840 million compared to TWD 1,030.769 million a year ago. Operating income was TWD 54.809 million compared to TWD 68.575 million a year ago. Net income was TWD 24.466 million compared to TWD 76.540 million a year ago. Basic earnings per share was TWD 0.36 compared to TWD 1.15 a year ago. Diluted earnings per share was TWD 0.32 compared to TWD 1.07 a year ago. For the nine months, sales was TWD 2,533.348 million compared to TWD 2,897.961 million a year ago. Operating income was TWD 110.751 million compared to TWD 159.873 million a year ago. Net income was TWD 72.317 million compared to TWD 197.170 million a year ago. Basic earnings per share was TWD 1.08 compared to TWD 2.97 a year ago. Diluted earnings per share was TWD 0.95 compared to TWD 2.87 a year ago.
Global Tek Fabrication Co Ltd is a Taiwan based company mainly engaged in the manufacture and sale of automotive precision machinery. The Company offers automotive components including automotive safety system components and automotive drive system components, industrial applications including industrial instrumentation, petrochemical industry spare parts, semiconductor equipment components, bicycle components and other precision metal components, as well as aerospace components, including aircraft and engine components and other products. The Company operates business in domestic market and overseas markets, including Asia, Europe, America and others.