Txc Corporation Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 07:47 pm
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TXC Corporation announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was TWD 2,428.248 million compared to TWD 2,267.348 million a year ago. Operating income was TWD 220.817 million compared to TWD 159.611 million a year ago. Net income was TWD 234.358 million compared to TWD 241.650 million a year ago. Basic earnings per share was TWD 0.76 compared to TWD 0.78 a year ago. Diluted earnings per share was TWD 0.75 compared to TWD 0.78 a year ago. For the nine months, total revenue was TWD 5,996.489 million compared to TWD 5,998.602 million a year ago. Operating income was TWD 411.666 million compared to TWD 386.894 million a year ago. Net income was TWD 448.677 million compared to TWD 441.467 million a year ago. Basic earnings per share was TWD 1.45 compared to TWD 1.43 a year ago. Diluted earnings per share was TWD 1.44 compared to TWD 1.42 a year ago.
TXC Corp is a Taiwan-based company principally engaged in the research, development, design, manufacture and sale of frequency control components and sensing components. The Company mainly operates the quartz component business. The main products include frequency components such as quartz crystals, quartz crystal resonators and quartz crystal oscillators, as well as various sensing components. The products are mainly used in mobile communication devices, information and storage equipment, Internet of Things (IoT), telecommunications equipment, artificial intelligence, medical and automotive electronics markets. The Company operates within the domestic market and to overseas markets, including China mainland, the Americas and Europe.