Asia Neo Tech Industrial Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 07:41 pm
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Asia Neo Tech Industrial Co.,Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 171.394 million compared to TWD 208.306 million a year ago. Operating income was TWD 19.549 million compared to TWD 25.936 million a year ago. Net income was TWD 13.286 million compared to TWD 20.472 million a year ago. Basic earnings per share was TWD 0.47 compared to TWD 0.73 a year ago. For the nine months, sales was TWD 424.675 million compared to TWD 538.177 million a year ago. Operating income was TWD 24.322 million compared to TWD 44.539 million a year ago. Net income was TWD 20.870 million compared to TWD 47.332 million a year ago. Basic earnings per share was TWD 0.74 compared to TWD 1.69 a year ago.
Asia Neo Tech Industrial Co., Ltd. is a Taiwan-based company principally engaged in the design, research, development, manufacture and sales of automatic drying equipment and related mechanical equipment. The Company's main products include conveyor ovens, ovens, printed circuit boards (PCBs), cover lens, green glass and touch panels. The Company distributes its products in domestic market and to overseas markets, such as mainland China.