Everspring Industry Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 07:36 pm
Share
Everspring Industry Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 129.311 million compared to TWD 157.410 million a year ago. Operating loss was TWD 25.101 million compared to TWD 26.645 million a year ago. Net loss was TWD 81.733 million compared to TWD 36.937 million a year ago. Basic loss per share was TWD 0.38 compared to TWD 0.17 a year ago. For the nine months, total revenue was TWD 395.703 million compared to TWD 472.962 million a year ago. Operating loss was TWD 85.160 million compared to TWD 108.079 million a year ago. Net income was TWD 188.169 million compared to net loss of TWD 117.666 million a year ago. Basic earnings per share was TWD 0.88 compared to basic loss per share of TWD 0.55 a year ago.
EVERSPRING INDUSTRY CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of security products. The Company's major products include sensor system products; household security system products, including wireless burglar alarm hosts, sensors and sirens; surveillance system products and home automation control system products. In addition, the Company provides smart lighting products. The Company distributes its products primarily in Europe and the Americas, as well as domestic market and other regions.
EVERSPRING INDUSTRY CO., LTD. 
