Txc Corporation Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 05:13 pm
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TXC Corporation announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 3,139.820 million compared to TWD 2,428.248 million a year ago. Operating income was TWD 502.260 million compared to TWD 220.817 million a year ago. Net income was TWD 418.557 million compared to TWD 234.358 million a year ago. Basic earnings per share was TWD 1.35 compared to TWD 0.76 a year ago. Diluted earnings per share was TWD 1.35 compared to TWD 0.75 a year ago. For the nine months, sales was TWD 7,814.958 million compared to TWD 5,996.489 million a year ago. Operating income was TWD 1,134.950 million compared to TWD 411.666 million a year ago. Net income was TWD 1,044.533 million compared to TWD 448.677 million a year ago. Basic earnings per share was TWD 3.37 compared to TWD 1.45 a year ago. Diluted earnings per share was TWD 3.35 compared to TWD 1.44 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.