Taiwan Line Tek Electronic Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 12, 2018 at 02:28 pm
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Taiwan Line Tek Electronic Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 1,277.116 million compared to TWD 1,204.273 million a year ago. Operating income was TWD 57.841 million compared to TWD 12.552 million a year ago. Net income was TWD 38.427 million compared to TWD 38.894 million a year ago. Basic earnings per share was TWD 0.27 compared to TWD 0.27 a year ago. For the nine months, sales was TWD 3,269.063 million compared to TWD 3,168.281 million a year ago. Operating loss was TWD 61.677 million compared to operating Income of TWD 36.831 million a year ago. Net loss was TWD 85.299 million compared to net income of TWD 30.464 million a year ago. Basic loss per share was TWD 0.6 compared to basic earnings per share of TWD 0.21 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.