Singatron Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 11:47 am
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Singatron Enterprise Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 1,066.741 million compared to TWD 925.938 million a year ago. Operating income was TWD 145.499 million compared to TWD 85.456 million a year ago. Net income was TWD 72.487 million compared to TWD 57.838 million a year ago. Basic earnings per share was TWD 0.57 compared to TWD 0.43 a year ago. For the nine months, sales was TWD 2,737.923 million compared to TWD 2,456.471 million a year ago. Operating income was TWD 330.007 million compared to TWD 142.881 million a year ago. Net income was TWD 195.509 million compared to TWD 120.868 million a year ago. Basic earnings per share was TWD 1.53 compared to TWD 0.89 a year ago.
SINGATRON ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of electronic connectors. The Company mainly operates through two business segments. The Connectors Operation segment is mainly engaged in the manufacture and sales of connectors. The Electronic Components segment is mainly engaged in the trading of spare parts of set-top boxes. The Companyâs primary products include signal connectors, power connectors and others. Its products are mainly used in the manufacture of computers, telecommunication products, consumer electronics, industrial electronics, medical appliances, automobiles and mobile phones. The Company mainly distributes its products in Taiwan, the Mainland China and other regions.