Koryo Electronics Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 08:29 am
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Koryo Electronics Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was TWD 832.544 million compared to TWD 980.171 million a year ago. Operating income was TWD 33.483 million compared to TWD 53.071 million a year ago. Net income was TWD 25.051 million compared to TWD 43.298 million a year ago. Basic earnings per share was TWD 0.48 compared to TWD 0.84 a year ago. Diluted earnings per share was TWD 0.48 compared to TWD 0.83 a year ago. For the nine months, total revenue was TWD 2,414.318 million compared to TWD 2,797.998 million a year ago. Operating income was TWD 71.208 million compared to TWD 134.574 million a year ago. Net income was TWD 68.471 million compared to TWD 116.477 million a year ago. Basic earnings per share was TWD 1.32 compared to TWD 2.25 a year ago. Diluted earnings per share was TWD 1.31 compared to TWD 2.21 a year ago.
Koryo Electronics Co., Ltd. is a Taiwan-based company principally involved in acting as sales agent of semiconductors and electronic components. The Companyâs main products include integrated circuits (ICs), discrete devices, small signal bipolar junction transistors (BJTs), power transistors, field effect transistors (FETs), thyristors, insulated gate bipolar transistors (IGBTs), microcontrollers, liquid crystal display (LCD) modules, as well as batteries and assembled batteries. The Companyâs products are applied in main boards, laptop computers, multimedia and system peripheral products sector, communication and industrial electronics sector, as well as consumer electronics.