Well Shin Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 12, 2020 at 03:14 pm
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Well Shin Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 897.573 million compared to TWD 1,148.293 million a year ago. Operating income was TWD 64.651 million compared to TWD 111.995 million a year ago. Net income was TWD 78.005 million compared to TWD 78.712 million a year ago. Basic earnings per share was TWD 0.66 compared to TWD 0.67 a year ago. Diluted earnings per share was TWD 0.65 compared to TWD 0.66 a year ago.
Well Shin Technology Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of power cord sets for electronics, information, motors and appliances. The Companyâs main products include power cord sets for consumer products and electrical appliances, plastic injection parts, sockets, conversion plugs and power supplies. The Company is also involved in the electronics assembly and foundry business. The Company's products are mainly used in computers, home appliances, large servers and electronic and electrical equipment. The Company distributes its products in domestic market and to overseas markets, such as the Americas, the rest of Asia and Europe.
WELL SHIN TECHNOLOGY CO., LTD. 
