Jhen Vei Electronic Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 06, 2020 at 05:02 pm EST
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Jhen Vei Electronic Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 314.549 million compared to TWD 213.335 million a year ago. Operating income was TWD 17.079 million compared to TWD 10.434 million a year ago. Net income was TWD 10.132 million compared to TWD 10.185 million a year ago. Basic earnings per share was TWD 0.21 compared to TWD 0.26 a year ago. For the nine months, sales was TWD 718.435 million compared to TWD 612.934 million a year ago. Operating income was TWD 18.809 million compared to TWD 9.959 million a year ago. Net income was TWD 13.968 million compared to TWD 9.102 million a year ago. Basic earnings per share was TWD 0.31 compared to TWD 0.23 a year ago.
Jhen Vei Electronic Co., Ltd. is a Taiwan-based company primarily engaged in the manufacture and distribution of connection cable assemblies. The Companyâs connection cable assemblies are applied in monitors, liquid crystal displays (LCDs), laptop computers, hosts, communication devices and computer peripheral products. The Company is also engaged in the manufacture and distribution of network communication safety equipment. The network communication safety equipment is applied in servers, traffic control and power protection as well as network communication safety equipment for vulnerability scanning and real-time security monitoring. The Company distributes its products in Taiwan and to overseas markets, including Asia and Europe.
JHEN VEI ELECTRONIC CO., LTD. 
