Phihong Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 11:47 pm
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Phihong Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 2,523.812 million compared to TWD 2,674.232 million a year ago. Operating loss was TWD 49.430 million compared to operating Income of TWD 29.839 million a year ago. Net income was TWD 19.877 million compared to TWD 58.612 million a year ago. Basic earnings per share was TWD 0.06 compared to TWD 0.17 a year ago. For the nine months, sales was TWD 6,580.163 million compared to TWD 8,129.661 million a year ago. Operating loss was TWD 300.894 million compared to TWD 92.569 million a year ago. Net loss was TWD 175.651 million compared to TWD 36.529 million a year ago. Basic loss per share was TWD 0.52 compared to TWD 0.11 a year ago.
PHIHONG TECHNOLOGY CO., LTD is a Taiwan-based company principally engaged in the research, development, manufacturing and distribution of power supplies. The Companyâs primary products include wall mount adapters, battery chargers, car chargers, direct current (DC) modules, liquid crystal display (LCD) panel adapters, open frame power products, LCD panel inverters and electronic ballasts. Its products are mainly used in mobile phones, personal digital assistants (PDAs), digital cameras and game console fields. The Company mainly distributes its products in Asian, European and American markets.
PHIHONG TECHNOLOGY CO., LTD. 
