Song Shang Electronics Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 03, 2021
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Song Shang Electronics Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 1,281.35 million compared to TWD 1,063.38 million a year ago. Revenue was TWD 1,281.35 million compared to TWD 1,063.38 million a year ago. Net income was TWD 36.03 million compared to TWD 23.3 million a year ago. Basic earnings per share was TWD 0.45 compared to TWD 0.29 a year ago. Diluted earnings per share was TWD 0.44 compared to TWD 0.29 a year ago.
For the nine months, sales was TWD 3,409.21 million compared to TWD 2,897.01 million a year ago. Revenue was TWD 3,409.21 million compared to TWD 2,897.01 million a year ago. Net income was TWD 70.12 million compared to TWD 80.53 million a year ago. Basic earnings per share was TWD 0.87 compared to TWD 1 a year ago. Diluted earnings per share was TWD 0.86 compared to TWD 0.97 a year ago.
Song Shang Electronics Co Ltd is a Taiwan-based company principally engaged in the manufacture and distribution of printed circuit boards (PCBs). The main products include printed circuit boards and magnetic components. printed circuit board products include multi-layer printed circuit boards and single-sided and double-sided printed circuit boards, which are mainly used in consumer products, industrial control products, automotive peripheral products, and communication products. The magnetic components mainly include transformers and coils, which are mainly used in consumer products, communication products, information products, home appliances, and electric motor products. The Company distributes its products in Taiwan, China, Germany, Mexico, and other markets.