Yufo Electronics Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 02:41 pm EST
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Yufo Electronics Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 446.407 million compared to TWD 405.552 million a year ago. Operating income was TWD 78.877 million compared to TWD 48.619 million a year ago. Net income was TWD 46.489 million compared to TWD 40.382 million a year ago. Basic earnings per share was TWD 0.77 compared to TWD 0.6 a year ago. For the nine months, sales was TWD 1,110.130 million compared to TWD 1,127.806 million a year ago. Operating income was TWD 165.882 million compared to TWD 112.102 million a year ago. Net income was TWD 114.679 million compared to TWD 96.459 million a year ago. Basic earnings per share was TWD 1.91 compared to TWD 1.3 a year ago.
YUFO ELECTRONICS CO.,LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of various types of printed circuit boards. The Company's main products include multilayer printed circuit boards, double-sided printed circuit boards and others. The Company is also involved in the manufacture, processing and sales of electronic products and parts, as well as the provision of maintenance and installation services. The Company is also engaged in the sales of general chemical raw materials. The Company distributes its products in Hong Kong market.
YUFO ELECTRONICS CO., LTD. 
