High-Tek Harness Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 03:27 pm
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High-Tek Harness Enterprise Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 1,171.88 million compared to TWD 1,068.19 million a year ago. Revenue was TWD 1,171.88 million compared to TWD 1,068.19 million a year ago. Net income was TWD 72.19 million compared to net loss of TWD 24.98 million a year ago. Basic earnings per share from continuing operations was TWD 0.62 compared to basic loss per share from continuing operations of TWD 0.21 a year ago.
For the nine months, sales was TWD 3,473.38 million compared to TWD 3,089.81 million a year ago. Revenue was TWD 3,473.38 million compared to TWD 3,089.81 million a year ago. Net income was TWD 62.57 million compared to net loss of TWD 9.94 million a year ago. Basic earnings per share from continuing operations was TWD 0.53 compared to basic loss per share from continuing operations of TWD 0.08 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.