Min Aik Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 08, 2018 at 03:30 pm
Share
Min Aik Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 1,732.692 million compared to TWD 1,949.690 million a year ago. Operating loss was TWD 74.788 million compared to TWD 63.293 million a year ago. Net loss was TWD 32.055 million compared to net income of TWD 19.310 million a year ago. Basic loss per share was TWD 0.23 compared to basic earnings per share of TWD 0.13 a year ago.
For the nine months, sales was TWD 5,109.264 million compared to TWD 5,647.433 million a year ago. Operating loss was TWD 263.125 million compared to TWD 6.180 million a year ago. Net loss was TWD 206.521 million compared to net income of TWD 60.545 million a year ago. Basic loss per share was TWD 1.5 compared to basic earnings per share of TWD 0.36 a year ago.
MIN AIK TECHNOLOGY Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of hard disk machines and related parts and components. The Company's main products include hard disk drive arm assemblies, voice coil motors (VCMs), hard drive top covers, external hard disk machines, read and write head checks, hard drive parts and others. The Company distributes its products in Asia, Europe and the Americas markets.
MIN AIK TECHNOLOGY CO., LTD. 
