Taiwan Chinsan Electronic Industrial Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 12:15 pm
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Taiwan Chinsan Electronic Industrial Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 1,049.298 million compared to TWD 1,096.099 million a year ago. Operating income was TWD 58.321 million compared to TWD 43.509 million a year ago. Net income was TWD 31.469 million compared to TWD 19.568 million a year ago. Basic earnings per share was TWD 0.25 compared to TWD 0.16 a year ago. For the nine months, sales was TWD 2,708.680 million compared to TWD 2,728.421 million a year ago. Operating income was TWD 126.958 million compared to TWD 5.225 million a year ago. Net income was TWD 45.523 million compared to net loss of TWD 29.459 million a year ago. Basic earnings per share was TWD 0.36 compared to basic loss per share of TWD 0.23 a year ago.
TAIWAN CHINSAN ELECTRONIC INDUSTRIAL CO., LTD is a Taiwan-based company principally engaged in the manufacture, processing and sales of capacitors for aluminum electrolytic capacitors and solid electrolytic capacitors. The Company is mainly engaged in the provision of aluminum electrolytic capacitors, including standard products, mini-size products, large-size products, low impedance products, specialty products and solid capacitors. The Companyâs products are primarily applied in the manufacture of personal computers (PCs), notebook computers, television (TV) sets, office machines, household electrical appliances, communication products, power converters, lightening systems, electric power devices, air-conditioning systems, transmission belts, elevators, textile machines, welding machines and others.
TAIWAN CHINSAN ELECTRONIC INDUSTRIAL CO., LTD. 
