Taiwan Chinsan Electronic Industrial Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 11:19 am
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Taiwan Chinsan Electronic Industrial Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 1,096.099 million compared to TWD 1,075.421 million a year ago. Operating income was TWD 43.509 million compared to TWD 102.772 million a year ago. Net income was TWD 19.568 million compared to TWD 11.598 million a year ago. Basic earnings per share was TWD 0.16 compared to TWD 0.1 a year ago. For the nine months, sales was TWD 2,728.421 million compared to TWD 2,866.985 million a year ago. Operating income was TWD 5.225 million compared to TWD 191.118 million a year ago. Net loss was TWD 29.459 million compared to net income of TWD 137.196 million a year ago. Basic loss per share was TWD 0.24 compared to basic earnings per share of TWD 1.18 a year ago. Diluted loss per share was TWD 0.24 compared to diluted earnings per share of TWD 1.17 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.