Well Shin Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 09, 2020
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Well Shin Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 1,416.482 million compared to TWD 1,331.967 million a year ago. Net income was TWD 190.663 million compared to TWD 162.742 million a year ago. Basic earnings per share was TWD 1.61 compared to TWD 1.38 a year ago. Diluted earnings per share was TWD 1.61 compared to TWD 1.37 a year ago. For the nine months, sales was TWD 3,410.334 million compared to TWD 3,826.996 million a year ago. Net income was TWD 371.228 million compared to TWD 432.872 million a year ago. Basic earnings per share was TWD 3.14 compared to TWD 3.66 a year ago. Diluted earnings per share was TWD 3.12 compared to TWD 3.64 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. 
