Wanshih Electronic Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 08:44 pm
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Wanshih Electronic Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 388.466 million compared to TWD 451.439 million a year ago. Operating loss was TWD 6.798 million compared to operating Income of TWD 19.494 million a year ago. Net income was TWD 6.181 million compared to TWD 10.620 million a year ago. Basic earnings per share was TWD 0.07 compared to TWD 0.11 a year ago. For the nine months, sales was TWD 1,065.178 million compared to TWD 1,229.688 million a year ago. Operating loss was TWD 50.615 million compared to operating Income of TWD 6.282 million a year ago. Net income was TWD 6.218 million compared to net loss of TWD 6.188 million a year ago. Basic earnings per share was TWD 0.07 compared to basic loss per share of TWD 0.07 a year ago.
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. 
