Podak Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 11, 2018 at 06:14 pm
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Podak Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced total revenue was TWD 708.102 million compared to TWD 639.844 million a year ago. Sales was TWD 708.102 million compared to TWD 639.844 million a year ago. Operating income was TWD 50.519 million compared to TWD 47.424 million a year ago. Net income was TWD 35.377 million compared to TWD 38.437 million a year ago. Basic earnings per share was TWD 0.73 compared to TWD 0.79 a year ago. Diluted earnings per share was TWD 0.72 compared to TWD 0.79 a year ago.
For the nine months, total revenue was TWD 1,907.687 million compared to TWD 2,191.860 million a year ago. Sales was TWD 1,907.687 million compared to TWD 2,191.860 million a year ago. Operating income was TWD 128.058 million compared to TWD 118.894 million a year ago. Net income was TWD 104.602 million compared to TWD 71.705 million a year ago. Basic earnings per share was TWD 2.15 compared to TWD 1.47 a year ago. Diluted earnings per share was TWD 2.13 compared to TWD 1.46 a year ago.
PODAK CO., LTD. is principally engaged in the agent distribution of Panasonic passive products and Panasonic active products. The Company is also engaged in the distribution of other products, including batteries, relays, motors, connectors, surveillance system equipment, light-emitting diode (LED) tubes and home appliances. The Panasonic passive products include solid capacitors, electrolytic capacitors, plastic capacitors, power chokes and gold capacitors. The Panasonic active products include transistors, diodes, metal oxide semiconductor field effect transistor (MOSFETs) and LEDs. The Company distributes its products in Taiwan and Mainland China.