O-Ta Precision Industry Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 06:33 pm EST
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O-TA Precision Industry Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 1,157.380 million compared to TWD 886.055 million a year ago. Operating income was TWD 240.535 million compared to TWD 89.104 million a year ago. Net income was TWD 215.955 million compared to TWD 104.883 million a year ago. Basic earnings per share from continuing operations was TWD 2.59 compared to TWD 1.23 a year ago. Basic earnings per share was TWD 2.58 compared to TWD 1.25 a year ago. Diluted earnings per share from continuing operations was TWD 2.58 compared to TWD 1.23 a year ago. Diluted earnings per share was TWD 2.57 compared to TWD 1.25 a year ago. For the nine months, sales was TWD 2,684.052 million compared to TWD 2,682.810 million a year ago. Operating income was TWD 483.417 million compared to TWD 397.513 million a year ago. Net income was TWD 390.642 million compared to TWD 421.096 million a year ago. Basic earnings per share from continuing operations was TWD 5.47 compared to TWD 5.06 a year ago. Basic earnings per share was TWD 4.66 compared to TWD 5.03 a year ago. Diluted earnings per share from continuing operations was TWD 5.43 compared to TWD 5.02 a year ago. Diluted earnings per share was TWD 4.63 compared to TWD 4.99 a year ago.
O-TA PRECISION INDUSTRY CO., LTD. is a Taiwan-based company principally engaged in the design, manufacture and sales of golf related products. The Company's main products include golf club heads, golf clubs, golf equipment, as well as bicycles and related components. The Company mainly distributes its products in Asian, American and European markets.