Ligitek Electronics Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 03:13 pm
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Ligitek Electronics Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 191.012 million compared to TWD 211.171 million a year ago. Operating income was TWD 10.051 million compared to TWD 4.724 million a year ago. Net income was TWD 9.074 million compared to TWD 2.478 million a year ago. Basic earnings per share was TWD 0.08 compared to TWD 0.02 a year ago. For the nine months, sales was TWD 575.503 million compared to TWD 696.197 million a year ago. Operating income was TWD 24.761 million compared to TWD 2.415 million a year ago. Net income was TWD 77.270 million compared to TWD 221.908 million a year ago. Basic earnings per share was TWD 0.68 compared to TWD 1.89 a year ago. Diluted earnings per share was TWD 0.67 compared to TWD 1.89 a year ago.
LIGITEK ELECTRONICS CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of light emitting diode (LED) products and solar energy products. The Company's products include conventional LEDs, super brighter LEDs, white light LEDs, infra-red LEDs, photo pin diodes, photo transistors, seven segment displays, dot matrix displays, backlight displays, LED arrays, LED lighting modules, solar cell modules and others. The Company's products are applied in computers and peripheral products, communication products, consumer products, home appliances, such as refrigerators and televisions, office equipment, such as fax machines and photocopiers, automobile industry, lighting equipment, outdoor and indoor display boards, as well as traffic signals. The Company distributes its products in domestic market and to overseas markets.