Wanshih Electronic Co., Ltd. Reports Consolidated Earnings Results for the Third Quarter and Year to Date Ended September 30, 2018; Reports Impairment for the Third Quarter of 2018
November 13, 2018 at 02:22 pm
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Wanshih Electronic Co., Ltd. reported consolidated earnings results for the third quarter and year to date ended September 30, 2018. For the quarter, the company reported total operating revenue of TWD 451,439,000 against TWD 454,216,000 a year ago. Net operating income was TWD 19,494,000 against TWD 16,404,000 a year ago. Profit from continuing operations before tax was TWD 11,930,000 against TWD 22,350,000 a year ago. Profit from continuing operations was TWD 11,275,000 against TWD 20,675,000 a year ago. Profit attributable to owners of parent was TWD 10,620,000 or TWD 0.11 per basic and diluted share against TWD 15,272,000 or TWD 0.16 per basic and diluted share a year ago.
For the nine months, the company reported total operating revenue of TWD 1,229,688,000. Net operating income was TWD 6,282,000. Loss from continuing operations before tax was TWD 11,017,000. Loss from continuing operations was TWD 12,011,000. Loss attributable to owners of parent was TWD 6,188,000 or TWD 0.07 per basic and diluted share.
For the third quarter of 2018, the company reported impairment loss of TWD 91,800.
WanShih Electronic Co., Ltd. is a Taiwan-based company principally engaged in the development, manufacture and sales of cables for information and communication devices. The Companyâs primary products include the internal and external coaxial cable assemblies and antennas of information and communication products. Its products are mainly used in the notebook computers, liquid crystal display (LCD) televisions, mobile phones, personal digital assistants (PDAs), desktop computers, industrial computers, digital versatile disc (DVD) players, digital video recorders and wireless communications equipment. The Company operates through two business segments. The Taiwan Market segment is mainly engaged in the research, development and sales businesses. The Mainland China segment is mainly engaged in the manufacture and sales businesses. The Companyâs products are mainly exported to Asia, the Americas and Europe.
Wanshih Electronic Co., Ltd. Reports Consolidated Earnings Results for the Third Quarter and Year to Date Ended September 30, 2018; Reports Impairment for the Third Quarter of 2018