Inventec Besta Co.,Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 04:08 pm
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Inventec Besta Co.,Ltd announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 244.729 million compared to TWD 287.617 million a year ago. Operating loss was TWD 30.544 million compared to TWD 34.321 million a year ago. Net loss was TWD 28.117 million compared to TWD 43,000 a year ago. Basic loss per share was TWD 0.45 compared to Basic EPS of TWD 0 a year ago. Basic loss per share from continuing operations was TWD 0.45 compared to Basic EPS - Continuing Operations of TWD 0 a year ago. For the nine months, sales was TWD 904.365 million compared to TWD 983.259 million a year ago. Operating loss was TWD 63.345 million compared to TWD 82.863 million a year ago. Net loss was TWD 42.008 million compared to TWD 36.791 million a year ago. Basic loss per share was TWD 0.67 compared to TWD 0.59 a year ago.
INVENTEC BESTA Co., LTD. is principally engaged in the manufacture and distribution of computer dictionaries, leaning machines and related digital products. The Companyâs products mainly include game and learning machines, electronic components, integrated circuit (IC) cards, personal digital assistants (PDAs), global positioning system (GPS) products and audio products, among others. The Company is also engaged in the provision of related maintenance, original equipment manufacturer (OEM) and original design manufacturer (ODM) services. The Company operates its business through four segments: Taiwan, Mainland sales, Mainland manufacture and others. The Company distributes its products mainly in Mainland China and Taiwan.