Transart Graphics Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 05, 2020 at 03:53 pm EST
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Transart Graphics Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 415.450 million compared to TWD 327.916 million a year ago. Operating income was TWD 38.792 million compared to TWD 84.909 million a year ago. Net income was TWD 612.413 million compared to TWD 64.790 million a year ago. Basic earnings per share was TWD 9.2 compared to TWD 0.97 a year ago. Diluted earnings per share was TWD 9.19 compared to TWD 0.97 a year ago. For the nine months, sales was TWD 955.784 million compared to TWD 889.034 million a year ago. Operating income was TWD 154.882 million compared to TWD 200.872 million a year ago. Net income was TWD 706.758 million compared to TWD 163.478 million a year ago. Basic earnings per share was TWD 10.61 compared to TWD 2.45 a year ago. Diluted earnings per share was TWD 10.6 compared to TWD 2.45 a year ago.
Transart Graphics Co., Ltd. is engaged in the provision of label products. The label products are mainly supplied for bicycles, bicycle parts, sports equipment, IT (information technology) industry and other industries. The Company has three types of label products. The Watermark transfer labels include solvent transfer labels, filmless labels for bicycle industry, as well as forward watermark labels for other industries. The self adhesive label products contain high temperature labels and a variety of self adhesive labels. The Other products contain thermal transfer labels, pressure sensitive dry transfer labels, panel and ming version applied for electronic industry, helmets products and other kinds of industrial products.