Wha Yu Industrial Co., Ltd. Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
November 11, 2018 at 09:18 pm
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Wha Yu Industrial Co., Ltd. announced earnings results for the third quarter and nine months ended September 30, 2018. For the third quarter, the company announced total revenue was TWD 466.114 million compared to TWD 522.340 million a year ago. Sales was TWD 466.114 million compared to TWD 522.340 million a year ago. Operating income was TWD 8.220 million compared to TWD 2.877 million a year ago. Net income was TWD 25.278 million compared to TWD 7.729 million a year ago. Basic earnings per share was TWD 0.21 compared to TWD 0.06 a year ago. Profit from continuing operations before tax was TWD 24.337 million compared to TWD 7.322 million a year ago.
For the nine months, total revenue was TWD 1,443.623 million compared to TWD 1,655.340 million a year ago. Sales was TWD 1,443.623 million compared to TWD 1,655.340 million a year ago. Operating income was TWD 17.477 million compared to TWD 38.811 million a year ago. Net income was TWD 47.369 million compared to TWD 29.616 million a year ago. Basic earnings per share was TWD 0.39 compared to TWD 0.25 a year ago. Profit from continuing operations before tax was TWD 44.247 million compared to TWD 28.930 million a year ago.
WHA YU INDUSTRIAL CO., LTD. is principally engaged in the production and sale of high, intermediate and low frequency wireless devices. Its wireless devices include radio frequency (RF) antennas and RF coaxial cable assemblies. The Company is also engaged in the production and sales of electronic and optical communication components and signal connection equipment. The Company distributes its products primarily in Asia, the Americas and Europe.