High-Tek Harness Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 05:11 pm
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High-Tek Harness Enterprise Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 956.763 million compared to TWD 857.056 million a year ago. Operating income was TWD 61.417 million compared to TWD 16.045 million a year ago. Net income was TWD 29.805 million compared to TWD 44.784 million a year ago. Basic earnings per share was TWD 0.28 compared to TWD 0.45 a year ago. For the nine months, sales was TWD 2,531.310 million compared to TWD 2,301.192 million a year ago. Operating income was TWD 62.171 million compared to operating loss of TWD 15.670 million a year ago. Net income was TWD 17.741 million compared to TWD 20.748 million a year ago. Basic earnings per share was TWD 0.17 compared to TWD 0.21 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.