Cincon Electronics Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 10, 2020 at 04:46 pm EDT
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Cincon Electronics Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 1,080.258 million compared to TWD 1,182.567 million a year ago. Operating income was TWD 102.052 million compared to TWD 150.057 million a year ago. Net income was TWD 89.349 million compared to TWD 131.313 million a year ago. Basic earnings per share was TWD 1.86 compared to TWD 2.73 a year ago.
Cincon Electronics Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of power supplies. The Company's products include battery chargers, mobile phone battery converters, switched power supplies, linear power supplies, direct current (DC) converters and alternating current (AC) converters, among others. The Company's products are applied in information and communication products, consumer electronics, medical apparatus, and industrial electronic equipment, as well as military and aircraft industries. The Company distributes its products within Taiwan and China Mainland markets.