Golden Long Teng Development Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 07:18 pm
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Golden Long Teng Development Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 248.306 million compared to TWD 114.053 million a year ago. Operating income was TWD 22.433 million compared to TWD 14.432 million a year ago. Net income was TWD 17.996 million compared to TWD 6.811 million a year ago. Basic earnings per share was TWD 0.2 compared to TWD 0.08 a year ago. For the nine months, sales was TWD 1,270.326 million compared to TWD 574.440 million a year ago. Operating income was TWD 125.184 million compared to TWD 79.085 million a year ago. Net income was TWD 116.854 million compared to TWD 64.939 million a year ago. Basic earnings per share was TWD 1.29 compared to TWD 0.72 a year ago.
Golden Long Teng Development Co., Ltd. is a Taiwan-based company principally engaged in the design, manufacture and sales of integrated circuits (IC) products. The products of the Company include linear regulators, microprocessor resets, boost direct current to direct current (DC/DC) converters and controllers, chargers and analog switches, among others. Its products are applied in network sector, computers, flat panel displays, portable devices and automotive chargers and control chips of power banks. The Company operates businesses in Asia, America and Europe.