Mobiletron Electronics Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 11:15 pm
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Mobiletron Electronics Co.,Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 691.646 million compared to TWD 684.707 million a year ago. Operating income was TWD 46.205 million compared to TWD 24.146 million a year ago. Net income was TWD 23.126 million compared to TWD 35.062 million a year ago. Basic earnings per share was TWD 0.23 compared to TWD 0.36 a year ago. For the nine months, sales was TWD 1,792.624 million compared to TWD 2,138.785 million a year ago. Operating income was TWD 13.818 million compared to TWD 139.971 million a year ago. Net income was TWD 24.204 million compared to TWD 168.024 million a year ago. Basic earnings per share was TWD 0.25 compared to TWD 1.71 a year ago. Diluted earnings per share was TWD 0.25 compared to TWD 1.7 a year ago.
MOBILETRON ELECTRONICS CO., LTD. is a Taiwan-based company principally engaged in the research and development, manufacturing and sales of automobile electronic components and electric tools. The Companyâs primary products include electronic control components, automobile security systems and industrial and automobile tools. These products are mainly used in the manufacturing of automobile engines, automobile and engine igniters, automobile rectifiers and regulators, thick film mixed integrated circuits (ICs), automobile engine sensors and around view monitors (AVMs). The Company mainly operates through two business segments: electronics manufacturing segment and electric tools manufacturing and trading segment. The Company mainly exports its products to the Americas, Europe and Asia.