Gem Terminal Industry Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 12:23 pm EST
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GEM Terminal Industry Co.,Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 849.990 million compared to TWD 970.890 million a year ago. Operating loss was TWD 35.473 million compared to TWD 60.429 million a year ago. Net loss was TWD 19.381 million compared to TWD 39.777 million a year ago. Basic loss per share was TWD 0.11 compared to TWD 0.24 a year ago. For the nine months, sales was TWD 2,541.753 million compared to TWD 2,972.785 million a year ago. Operating loss was TWD 36.867 million compared to TWD 92.440 million a year ago. Net loss was TWD 54.650 million compared to TWD 83.091 million a year ago. Basic loss per share was TWD 0.32 compared to TWD 0.49 a year ago.
Gem Terminal Ind. Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of connectors. The Company's products are mainly used in the manufacturing of electronic communication, automobile transportation and electric appliance plugs. The Company is also engaged in the provision of raw materials, ceramic ferrules, bushings and molds. The Company mainly distributes its products in Mainland China and Taiwan markets.
GEM TERMINAL INDUSTRY CO.,LTD. 
