Jentech Precision Industrial Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 02, 2023
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Jentech Precision Industrial Co., Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 3,276.44 million compared to TWD 3,246.21 million a year ago. Net income was TWD 754.42 million compared to TWD 804.85 million a year ago. Basic earnings per share from continuing operations was TWD 5.38 compared to TWD 6.03 a year ago. Diluted earnings per share from continuing operations was TWD 5.35 compared to TWD 5.7 a year ago.
For the nine months, sales was TWD 8,939.95 million compared to TWD 8,609.33 million a year ago. Net income was TWD 1,818.88 million compared to TWD 1,918.44 million a year ago. Basic earnings per share from continuing operations was TWD 13.19 compared to TWD 14.38 a year ago. Diluted earnings per share from continuing operations was TWD 12.89 compared to TWD 13.72 a year ago.
Jentech Precision Industrial Co., Ltd is a Taiwan-based company principally engaged in the manufacture and sales of heat spreaders and lead frames. The Company's products also include electronic peripherals, communication equipment and the related accessories. The Company's products include light-emitting diode (LED) lead frames, heat spreaders, electro-magnetic interference (EMI) shielding cases and high frequency coaxial connectors. Its LED lead frames are applied in monitors, traffic signs, stoplights, backlight boards and others. Its heat spreaders are applied in advanced integrated circuit (IC) packages and semiconductor devices. Its EMI shielding cases are applied in wireless communication products such as laptops, mobile phones, personal digital assistants (PDAs) and others. Its high frequency coaxial connectors are applied in radar and microwave communication systems. The Company distributes its products within domestic market and to overseas markets.