Sunonwealth Electric Machine Industry Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 04, 2020 at 01:10 pm
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Sunonwealth Electric Machine Industry Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 3,535.557 million compared to TWD 3,257.556 million a year ago. Operating income was TWD 374.731 million compared to TWD 288.909 million a year ago. Net income was TWD 232.098 million compared to TWD 257.551 million a year ago. Basic earnings per share was TWD 0.93 compared to TWD 1.03 a year ago. Diluted earnings per share was TWD 0.92 compared to TWD 1.03 a year ago. For the nine months, sales was TWD 9,385.898 million compared to TWD 8,398.392 million a year ago. Operating income was TWD 889.562 million compared to TWD 510.414 million a year ago. Net income was TWD 699.550 million compared to TWD 463.657 million a year ago. Basic earnings per share was TWD 2.79 compared to TWD 1.85 a year ago. Diluted earnings per share was TWD 2.78 compared to TWD 1.85 a year ago.
Sunonwealth Electric Machine Industry Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of direct current (DC) brushless fans, thermal modules and blowers, as well as alternative current (AC) brushless fans and related products. The Company also provides heat pipe thermal modules, millimeter fans and fan tray products. Its products are applied in computers, computer peripheral products, consumer electronic products, network communication products, automobile electronics, as well as industrial and commercial equipment. The Company distributes its products mainly in Asia, Europe and the Americas.