Taiwan Line Tek Electronic Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 11:49 am
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Taiwan Line Tek Electronic Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 1,306.693 million compared to TWD 1,277.116 million a year ago. Net income was TWD 64.534 million compared to TWD 38.427 million a year ago. Basic earnings per share was TWD 0.45 compared to TWD 0.27 a year ago. For the nine months, sales was TWD 3,502.953 million compared to TWD 3,269.063 million a year ago. Net income was TWD 100.853 million compared to net loss of TWD 85.299 million a year ago. Basic earnings per share was TWD 0.71 compared to basic loss per share of TWD 0.6 a year ago.
TAIWAN LINE TEK ELECTRONIC CO., LTD is a Taiwan-based company principally engaged in the manufacture, processing and distribution of power cords and connecting cables. The Company provides power cords for computers and electrical appliances, as well as connecting cables for information peripheral products and telecommunication equipment. Its products are applied in household electrical appliances, computers, communication devices, consumer electronic products, information peripheral products and others. The Company distributes its products principally in Asia, the Americas and Europe.