Thinking Electronic Industrial Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 08, 2020 at 08:05 pm
Share
Thinking Electronic Industrial Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 1,619.691 million compared to TWD 1,462.770 million a year ago. Operating income was TWD 579.250 million compared to TWD 405.553 million a year ago. Net income was TWD 419.142 million compared to TWD 327.718 million a year ago. Basic earnings per share was TWD 3.27 compared to TWD 2.56 a year ago. Diluted earnings per share was TWD 3.26 compared to TWD 2.55 a year ago. For the nine months, sales was TWD 4,213.978 million compared to TWD 4,292.023 million a year ago. Operating income was TWD 1,299.770 million compared to TWD 1,052.152 million a year ago. Net income was TWD 956.932 million compared to TWD 828.003 million a year ago. Basic earnings per share was TWD 7.47 compared to TWD 6.46 a year ago. Diluted earnings per share was TWD 7.45 compared to TWD 6.44 a year ago.
THINKING ELECTRONIC INDUSTRIAL CO., LTD is a Taiwan-based company principally engaged in the manufacture, processing and distribution of thermistors and pressure sensitive resistors. The Company provides thermistors, which are applied in the manufacture of power supplies, power motors, transformers, instruments, television sets, radios, transistors, automobiles, refrigerators, mobile phones and chargers, among others, as well as pressure sensitive resistors, which are applied in the manufacture of protection integrated circuits (ICs), diodes, transistors, consumer electronic products, communication products, measuring and controlling electronics, wireless telephones, notebook computers and receivers, among others. The Company distributes its products within domestic market and to overseas markets.
THINKING ELECTRONIC INDUSTRIAL CO., LTD. 
