Gongin Precision Ind. Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 07, 2019 at 08:06 am EST
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Gongin Precision Ind. Co. Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 275.077 million compared to TWD 267.346 million a year ago. Operating income was TWD 22.365 million compared to TWD 24.575 million a year ago. Net income was TWD 18.625 million compared to TWD 20.420 million a year ago. Basic earnings per share was TWD 0.41 compared to TWD 0.51 a year ago. For the nine months, sales was TWD 804.026 million compared to TWD 838.600 million a year ago. Operating income was TWD 61.008 million compared to TWD 68.034 million a year ago. Net income was TWD 52.394 million compared to TWD 65.370 million a year ago. Basic earnings per share was TWD 1.16 compared to TWD 1.64 a year ago.
GONGIN PRECISION INDUSTRIAL CO.,LTD is a Taiwan-based company principally engaged in the precision processing and manufacture of key parts and components of panels, semiconductors and aerospace industry. The Companyâs main products include key components of display devices, key components of wafer equipment, key components of aerospace products, key components of integrated circuit (IC) packaged abrasives and equipment, energy components and others. The Company distributes its products in domestic market and to overseas markets, such as the rest areas of Asia, Europe and the Americas.