Hotron Precision Electronic Industrial Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 10, 2021
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Hotron Precision Electronic Industrial Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 777.23 million compared to TWD 645.43 million a year ago. Net loss was TWD 22.84 million compared to net income of TWD 26.95 million a year ago. Basic loss per share from continuing operations was TWD 0.25 compared to basic earnings per share from continuing operations of TWD 0.33 a year ago. Diluted loss per share from continuing operations was TWD 0.25 compared to diluted earnings per share from continuing operations of TWD 0.33 a year ago. Basic loss per share was TWD 0.25 compared to basic earnings per share of TWD 0.33 a year ago. Diluted loss per share was TWD 0.25 compared to diluted earnings per share of TWD 0.33 a year ago.
For the nine months, sales was TWD 2,115.3 million compared to TWD 2,004.16 million a year ago. Net income was TWD 4.76 million compared to TWD 138.14 million a year ago. Basic earnings per share from continuing operations was TWD 0.05 compared to TWD 1.72 a year ago. Diluted earnings per share from continuing operations was TWD 0.05 compared to TWD 1.71 a year ago. Basic earnings per share was TWD 0.05 compared to TWD 1.72 a year ago. Diluted earnings per share was TWD 0.05 compared to TWD 1.71 a year ago.
HOTRON PRECISION ELECTRONIC INDUSTRIAL CO.LTD. is a Taiwan-based company principally engaged in the manufacture and sales of various kinds of transmission lines. The Company's main products include signal lines, connectors, connection lines, power cords, wires and cables and copper products. The Company's products are mainly used in the areas of information, communications, precision machinery and consumer electronics. The Company distributes its products mainly in Asian market.