Sunflex Tech Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 12:22 pm
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Sunflex Tech Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 158.994 million compared to TWD 211.516 million a year ago. Operating loss was TWD 32.056 million compared to TWD 42.571 million a year ago. Net loss was TWD 37.924 million compared to TWD 25.855 million a year ago. Basic loss per share was TWD 0.56 compared to TWD 0.39 a year ago. For the nine months, total revenue was TWD 465.219 million compared to TWD 533.225 million a year ago. Operating loss was TWD 82.347 million compared to TWD 62.395 million a year ago. Net loss was TWD 86.856 million compared to TWD 19.824 million a year ago. Basic loss per share was TWD 1.29 compared to TWD 0.3 a year ago.
SUNFLEX TECH. CO., Ltd. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of various types of flexible printed circuit boards. The Company's main products include double-sided flexible printed circuit boards, single-sided flexible printed circuit boards and others. The Company's products are mainly used in mobile phones, tablet computers, monitors, notebook computers, optical disc drives, liquid crystal displays (LCDs), digital cameras, digital versatile discs (DVDs) and global positioning systems (GPS). The Company distributes its products in domestic market and to overseas markets, such as the rest of Asia, Europe and the Americas.