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 mainly engaged in the production, manufacture, and sale of electronic components. The electronic components are used in consumer electronics, industrial electronics, medical and automotive products. The Company provides electronic components back-end processing services, including surface mount technology (SMT), dual in line package (DIP), coating, assembly, testing and packaging services. The Company also provides system integration services for solar power plant sales and power plant construction and long-term maintenance. The company distributes its products in Taiwan and other Asian markets.