Cincon Electronics Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 11:32 am EST
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Cincon Electronics Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 252.201 million compared to TWD 310.548 million a year ago. Operating income was TWD 26.563 million compared to TWD 36.573 million a year ago. Net income was TWD 24.203 million compared to TWD 27.506 million a year ago. Basic earnings per share was TWD 0.5 compared to TWD 0.57 a year ago. For the nine months, sales was TWD 848.382 million compared to TWD 921.150 million a year ago. Operating income was TWD 90.936 million compared to TWD 117.208 million a year ago. Net income was TWD 78.450 million compared to TWD 106.938 million a year ago. Basic earnings per share was TWD 1.63 compared to TWD 2.22 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.
CINCON ELECTRONICS CO., LTD. 