Datafab Systems Inc. Reports Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
November 13, 2018 at 01:22 pm
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Datafab Systems Inc. reported consolidated earnings results for the third quarter and nine months ended September 30, 2018. For the third quarter, the company reported sales was TWD 15.524 million compared to TWD 23.686 million a year ago. Net operating income was TWD 2.902 million compared to TWD 7.891 million a year ago. Net income was TWD 8.102 million compared to TWD 9.546 million a year ago. Basic earnings per share was TWD 0.14 compared to TWD 0.15 a year ago. Profit from continuing operations before tax was TWD 8.212 million against TWD 9.581 million a year ago. Profit from continuing operations was TWD 8.101 million against TWD 9.545 million a year ago.
For the nine months, sales was TWD 75.087 million compared to TWD 64.855 million a year ago. Net operating income was TWD 15.901 million compared to TWD 23.293 million a year ago. Net income was TWD 34.291 million compared to TWD 25.316 million a year ago. Basic earnings per share was TWD 0.56 compared to TWD 0.41 a year ago. Profit from continuing operations before tax was TWD 37.286 million against TWD 27.151 million a year ago. Profit from continuing operations was TWD 34.297 million against TWD 25.325 million a year ago.
TienPin United Enterprise CO., LTD (formerly: DataFab Systems Inc.) is engaged in the research, development, design, manufacture, assembly, testing and distribution of computer peripheral products. The Company provides card readers, adapters, express cards, liquid crystal displays, multimedia players, flash memory cards, as well as liquid crystal displays (LCDs), among others. During the year ended December 31, 2011, the Company obtained approximately 70.39% of its revenue from its card reader business. The Company distributes its products within the domestic market and to overseas markets, including the Americas, the rest of Asia and Europe.