Howteh Technology Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 06, 2019 at 06:49 pm
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Howteh Technology Co. Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 1,045.592 million compared to TWD 1,055.624 million a year ago. Operating income was TWD 49.176 million compared to TWD 67.701 million a year ago. Net income was TWD 41.002 million compared to TWD 54.815 million a year ago. Basic earnings per share was TWD 0.73 compared to TWD 0.98 a year ago. For the nine months, sales was TWD 3,022.759 million compared to TWD 2,436.953 million a year ago. Operating income was TWD 153.918 million compared to TWD 144.576 million a year ago. Net income was TWD 134.424 million compared to TWD 130.562 million a year ago. Basic earnings per share was TWD 2.4 compared to TWD 2.33 a year ago. Diluted earnings per share was TWD 2.39 compared to TWD 2.33 a year ago.
Howteh Technology Co., Ltd. is a Taiwan-based company principally engaged in the distribution of passive electronic components. The Company mainly provides electronic components, which include connectors, wires, semiconductor parts and electroacoustic products; as well as electronic equipment and materials, which include printed circuit board (PCB) and integrated circuit (IC) substrate manufacturing equipment and relevant chemicals, touch panels, optoelectronic and semiconductor manufacturing and testing equipment and relevant materials. The Company distributes its products mainly in Taiwan and Mainland China.