Taiwan Alpha Electronic Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 01:03 pm
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Taiwan Alpha Electronic Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 153.933 million compared to TWD 139.125 million a year ago. Operating income was TWD 25.787 million compared to TWD 9.003 million a year ago. Net income was TWD 18.820 million compared to TWD 10.218 million a year ago. Basic earnings per share was TWD 0.81 compared to TWD 0.37 a year ago. For the nine months, sales was TWD 336.051 million compared to TWD 389.557 million a year ago. Operating income was TWD 22.840 million compared to TWD 14.792 million a year ago. Net income was TWD 23.966 million compared to TWD 21.357 million a year ago. Basic earnings per share was TWD 1.04 compared to TWD 0.64 a year ago. Diluted earnings per share was TWD 1.03 compared to TWD 0.64 a year ago.
TAIWAN ALPHA ELECTRONIC CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of variable resistors. The Company's main products include variable resistors, switches, silicon rectifiers, encoders, thin film sensing components and others. The Company is also involved in the import and export trading of related raw materials and products, as well as the investment and operation businesses. The Company distributes its products to Asia, the Americas and Europe markets.
TAIWAN ALPHA ELECTRONIC CO., LTD. 
