Yufo Electronics Co., Ltd. Announces Audited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018; Reports Impairment Loss for the Third Quarter Ended September 30, 2018
November 12, 2018 at 01:01 pm
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Yufo Electronics Co., Ltd. announced audited consolidated earnings results for the third quarter and nine months ended September 30, 2018. For the third quarter, the company announced net sales of TWD 336.284 million compared to TWD 240.526 million a year ago. Net operating income was TWD 23.751 million compared to operating loss of TWD 10.337 million a year ago. Net income was TWD 30.566 million compared to net loss of TWD 8.106 million a year ago. Basic and diluted earnings per share were TWD 0.39 compared to basic and diluted loss per share of TWD 0.1 a year ago.
For the nine months, net sales of TWD 908.784 million compared to TWD 610.905 million a year ago. Net operating income was TWD 14.482 million compared to operating loss of TWD 36.495 million a year ago. Net income was TWD 24.659 million compared to net loss of TWD 39.716 million a year ago. Basic and diluted earnings per share was TWD 0.32 compared to basic and diluted loss per share of TWD 0.51 a year ago.
For the third quarter, the company reported impairment loss of TWD 0.264 million.
YUFO ELECTRONICS CO.,LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of various types of printed circuit boards. The Company's main products include multilayer printed circuit boards, double-sided printed circuit boards and others. The Company is also involved in the manufacture, processing and sales of electronic products and parts, as well as the provision of maintenance and installation services. The Company is also engaged in the sales of general chemical raw materials. The Company distributes its products in Hong Kong market.
Yufo Electronics Co., Ltd. Announces Audited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018; Reports Impairment Loss for the Third Quarter Ended September 30, 2018