I Yuan Precision Industrial Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 09, 2020 at 12:32 pm EST
Share
I Yuan Precision Industrial Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 211.793 million compared to TWD 207.086 million a year ago. Operating income was TWD 29.305 million compared to TWD 38.927 million a year ago. Net income was TWD 24.198 million compared to TWD 34.025 million a year ago. Basic earnings per share was TWD 0.67 compared to TWD 0.95 a year ago. For the nine months, sales was TWD 496.352 million compared to TWD 624.764 million a year ago. Operating income was TWD 52.529 million compared to TWD 111.431 million a year ago. Net income was TWD 57.589 million compared to TWD 101.690 million a year ago. Basic earnings per share was TWD 1.61 compared to TWD 2.83 a year ago. Diluted earnings per share was TWD 1.6 compared to TWD 2.83 a year ago.
I Yuan Precision Industrial Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of automobile spare parts. The Companyâs main products consist of radiator cooling fans, which prevent automobile engine radiators from being over heated; wind blowers, which are applied in automobile air conditioning systems, as well as window lifts, which enable the movements of automobile windows. It distributes its products within domestic market and to overseas markets.