Aurona Industries, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 05:41 pm
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Aurona Industries, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was TWD 331.514 million compared to TWD 390.522 million a year ago. Operating income was TWD 17.222 million compared to TWD 35.264 million a year ago. Net income was TWD 15.219 million compared to TWD 24.726 million a year ago. Basic earnings per share was TWD 0.19 compared to TWD 0.31 a year ago. Diluted earnings per share was TWD 0.19 compared to TWD 0.3 a year ago. For the nine months, total revenue was TWD 935.284 million compared to TWD 1,084.690 million a year ago. Operating income was TWD 16.810 million compared to TWD 89.820 million a year ago. Net income was TWD 29.709 million compared to TWD 91.491 million a year ago. Basic earnings per share was TWD 0.37 compared to TWD 1.12 a year ago. Diluted earnings per share was TWD 0.35 compared to TWD 1.07 a year ago.
Aurona Industries Inc is a Taiwan-based company primarily engaged in the manufacture and sales of back-up boards and bakelite plates. The Company also offers wood pulp boards, laminated wood pulp boards, interleaving paper and others. The Company's back-up boards are mainly used in printed circuit board (PCB) drilling process. Its bakelite plates are applied in PCBs, adjustable resistances, pneumatic tools, micro motors, molds, tools, switches, information technology (IT) testing tools and others. The Company distributes its products in Taiwan market, and to the Americas, Europe, the rest of Asia and other markets.