Answer Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 04:57 pm
Share
Answer Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was TWD 1,067.061 million compared to TWD 1,038.420 million a year ago. Operating income was TWD 58.563 million compared to TWD 70.924 million a year ago. Net income was TWD 39.879 million compared to TWD 44.358 million a year ago. Basic earnings per share was TWD 0.61 compared to TWD 0.68 a year ago. Diluted earnings per share was TWD 0.6 compared to TWD 0.67 a year ago. For the nine months, total revenue was TWD 3,030.583 million compared to TWD 3,232.813 million a year ago. Operating income was TWD 189.123 million compared to TWD 202.790 million a year ago. Net income was TWD 132.609 million compared to TWD 140.667 million a year ago. Basic earnings per share was TWD 2.02 compared to TWD 2.15 a year ago. Diluted earnings per share was TWD 1.98 compared to TWD 2.1 a year ago.
Answer Technology Co Ltd is a Taiwan-based company principally engaged in the distribution of analog integrated circuits (ICs), mixed-signal ICs, logic ICs and ICs for special applications. The Company's brand agency business covers domestic and overseas brands, such as Analog Devices, Discera, GreenMark, ITE, Parade, TRINAMIC and Xilinx. The Company's products are applied in electronic products, industrial computers, wireless products, card readers, automotive electronics and others. The Company distributes its products within domestic market and to overseas markets.