Yufo Electronics Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021
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Yufo Electronics Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 382.41 million compared to TWD 446.41 million a year ago. Net income was TWD 3.07 million compared to TWD 46.49 million a year ago. Basic earnings per share from continuing operations was TWD 0.0625 compared to TWD 0.9625 a year ago. Diluted earnings per share from continuing operations was TWD 0.0625 compared to TWD 0.9625 a year ago.
For the nine months, sales was TWD 1,158.18 million compared to TWD 1,110.13 million a year ago. Net income was TWD 24.72 million compared to TWD 114.68 million a year ago. Basic earnings per share from continuing operations was TWD 0.5125 compared to TWD 2.3875 a year ago. Diluted earnings per share from continuing operations was TWD 0.5125 compared to TWD 2.3875 a year ago.
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.