Kinpo Electronics, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 05:01 pm EST
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Kinpo Electronics, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 34,787.388 million compared to TWD 35,313.573 million a year ago. Operating income was TWD 370.679 million compared to TWD 348.192 million a year ago. Net income was TWD 154.400 million compared to TWD 167.922 million a year ago. Basic earnings per share was TWD 0.11 compared to TWD 0.12 a year ago. For the nine months, sales was TWD 90,719.606 million compared to TWD 102,716.806 million a year ago. Operating income was TWD 381.580 million compared to TWD 1,343.329 million a year ago. Net income was TWD 446.516 million compared to TWD 624.416 million a year ago. Basic earnings per share was TWD 0.33 compared to TWD 0.46 a year ago.
Kinpo Electronics Inc is a Taiwan-based company principally engaged in the manufacture and trading of consumer electronic products, network communication products and imaging products. The Companyâs main products include consumer electronics such as electronic calculators and keyboard instruments, home computer network terminal products, printing and peripheral products, data storage products, such as memory cards, flash drives, universal serial bus (USB) and thunderbolt (TBT) external hard disk, embedded multimedia memory card, embedded multi media card (eMMC) embedded flash memory, flash memory chip, mechanical hard disk motherboard, solid state hard disk, etc., household vacuum cleaners and hairdressing appliances , plastic injection parts and three-dimensional (3D) printer products, etc. The Company's business covers Taiwan, Asia, America and Europe.