Yao Sheng Electronic Co. Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 11, 2018 at 09:22 pm
Share
Yao Sheng Electronic Co. Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 231.112 million compared to TWD 246.955 million a year ago. Operating loss was TWD 7.220 million compared to TWD 20.426 million a year ago. Net income was TWD 4.675 million compared to net loss of TWD 21.888 million a year ago. Basic earnings per share was TWD 0.11 compared to basic loss per share of TWD 0.57 a year ago.
For the nine months, sales was TWD 627.809 million compared to TWD 692.686 million a year ago. Operating loss was TWD 62.216 million compared to TWD 55.545 million a year ago. Net loss was TWD 47.516 million compared to TWD 70.193 million a year ago. Basic loss per share was TWD 1.18 compared to TWD 1.83 a year ago.
Yao Sheng Electronic Co., Ltd. is a Taiwan-based company principally engaged in manufacture and distribution of transformers and inductance coils. The Company provides transformers and inductance coils, which are applied in liquid crystal display (LCD) monitors, power supply units, notebook computers, mobile phones, digital cameras, personal digital assistants (PDAs), televisions and other devices. In addition, it also provides light emitting diode (LED) lighting products. The Company distributes its products within the domestic market and to overseas markets.