Koge Micro Tech Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 12:54 pm EST
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Koge Micro Tech Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 414.076 million compared to TWD 308.100 million a year ago. Operating income was TWD 94.013 million compared to TWD 39.055 million a year ago. Net income was TWD 66.383 million compared to TWD 41.465 million a year ago. Basic earnings per share was TWD 2.25 compared to TWD 1.39 a year ago. Diluted earnings per share was TWD 2.24 compared to TWD 1.39 a year ago. For the nine months, sales was TWD 856.352 million compared to TWD 877.940 million a year ago. Operating income was TWD 163.186 million compared to TWD 123.714 million a year ago. Net income was TWD 119.239 million compared to TWD 113.815 million a year ago. Basic earnings per share was TWD 4.02 compared to TWD 3.82 a year ago. Diluted earnings per share was TWD 4 compared to TWD 3.81 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.