High-Tek Harness Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 10:19 pm
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High-Tek Harness Enterprise Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 1,068.187 million compared to TWD 956.763 million a year ago. Operating income was TWD 65.619 million compared to TWD 61.417 million a year ago. Net loss was TWD 24.977 million compared to net income of TWD 29.805 million a year ago. Basic loss per share was TWD 0.21 compared to basic earnings per share of TWD 0.28 a year ago. For the nine months, sales was TWD 3,089.805 million compared to TWD 2,531.310 million a year ago. Operating income was TWD 184.264 million compared to TWD 62.171 million a year ago. Net loss was TWD 9.940 million compared to net income of TWD 17.741 million a year ago. Basic loss per share was TWD 0.08 compared to basic earnings per share of TWD 0.17 a year ago.
High-Tek Harness Enterprise Co., Ltd is a Taiwan-based company principally engaged in the manufacture, processing and distribution of cable assemblies. The Company provides micro coaxial cable assemblies, which are applied in notebook computers, personal digital assistants (PDAs) and liquid crystal display (LCD) televisions; electronic cable assemblies, which are applied in notebook computers, ultra thin LCD monitors, servers, LCD televisions and other consumer electronics; antenna cable assemblies, which are applied in mobile phones, PDAs and notebook computers; junction coaxial cable assemblies, which are applied in digital cameras and digital video cameras, as well as cable assemblies for medical equipment. The Company mainly distributes its products in Taiwan, the rest of Asia and Central America.
HIGH-TEK HARNESS ENTERPRISE CO., LTD. 
