Koge Micro Tech Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 09:39 am EST
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Koge Micro Tech Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 308.100 million compared to TWD 320.533 million a year ago. Operating income was TWD 39.055 million compared to TWD 56.101 million a year ago. Net income was TWD 41.465 million compared to TWD 45.020 million a year ago. Basic earnings per share was TWD 1.39 compared to TWD 1.67 a year ago. For the nine months, sales was TWD 877.940 million compared to TWD 928.305 million a year ago. Operating income was TWD 123.714 million compared to TWD 173.610 million a year ago. Net income was TWD 113.815 million compared to TWD 132.095 million a year ago. Basic earnings per share was TWD 3.82 compared to TWD 4.89 a year ago. Diluted earnings per share was TWD 3.81 compared to TWD 4.89 a year ago.
KOGE MICRO TECH CO., LTD is a Taiwan-based company mainly engaged in the research, development, manufacture and distribution of micro pumps, micro valves and plastic components. The Company mainly provides pump products and valve products, such as diaphragm pumps, piston pumps, impeller pumps, centrifugal pumps and solenoid valves, among others, which are used in automobile, medical equipment, household appliance, industrial equipment and office industries. The Company mainly distributes its products in domestic and overseas markets.