Vate Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 05, 2020 at 11:57 am
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Vate Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 107.070 million compared to TWD 57.182 million a year ago. Operating income was TWD 12.275 million compared to operating loss of TWD 7.909 million a year ago. Net income was TWD 12.995 million compared to net loss of TWD 5.667 million a year ago. Basic earnings per share was TWD 0.17 compared to basic loss per share of TWD 0.07 a year ago. For the nine months, sales was TWD 250.946 million compared to TWD 151.175 million a year ago. Operating income was TWD 22.305 million compared to operating loss of TWD 37.129 million a year ago. Net income was TWD 26.889 million compared to net loss of TWD 32.474 million a year ago. Basic earnings per share was TWD 0.34 compared to basic loss per share of TWD 0.41 a year ago.
VATE TECHNOLOGY CO., LTD. is a Taiwan-based company primarily engaged in central processing unit (CPU) testing business. The Company mainly provides logic testing services, including the testing of logic ICs, such as high-pin-count chipset ICs and communication ICs; power IC testing services, and CPU testing services, including the testing services of CPUs and peripheral products. The Company distributes its products in domestic market and to overseas markets.
VATE TECHNOLOGY CO., LTD. 