Key Ware Electronics Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 13, 2018 at 11:06 am
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Key Ware Electronics Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 310.971 million compared to TWD 298.769 million a year ago. Operating income was TWD 4.871 million compared to TWD 12.177 million a year ago. Net income was TWD 31.843 million compared to TWD 5.087 million a year ago. Basic earnings per share was TWD 0.19 compared to TWD 0.03 a year ago.
For the nine months, sales was TWD 917.102 million compared to TWD 732.696 million a year ago. Operating income was TWD 25.799 million compared to TWD 7.450 million a year ago. Net income was TWD 48.541 million compared to net loss of TWD 9.429 million a year ago. Basic earnings per share was TWD 0.29 compared to basic loss per share of TWD 0.06 a year ago.
KEY WARE ELECTRONICS CO., LTD. is a Taiwan-based company principally engaged in the design, manufacture and distribution of drill bits. The Companyâs primary products include drill bits ranging from 0.075 millimeter to 6.5 millimeters. These products are mainly used in the manufacture of printed circuit boards (PCBs), such as flexible circuit boards, hard single-sided circuit boards, hard double-sided boards, aluminum substrates and integrated circuit boards. The Company is also engaged in the provision of value-added services related to the manufacturing of drill bits. The Company mainly operates through two business segments: drill bits business segment and trading business segment. The Company mainly distributes its products in domestic and overseas markets, including the Americas, Europe and other Asian markets.