Amulaire Thermal Technology, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 04, 2020 at 04:16 pm EST
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Amulaire Thermal Technology, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 204.549 million compared to TWD 220.407 million a year ago. Operating income was TWD 3.263 million compared to TWD 35.128 million a year ago. Net loss was TWD 8.512 million compared to net income of TWD 28.393 million a year ago. Basic loss per share was TWD 0.11 compared to basic earnings per share of TWD 0.39 a year ago. For the nine months, sales was TWD 608.024 million compared to TWD 568.907 million a year ago. Operating income was TWD 36.354 million compared to TWD 75.378 million a year ago. Net income was TWD 12.376 million compared to TWD 75.269 million a year ago. Basic earnings per share was TWD 0.16 compared to TWD 1.04 a year ago. Diluted earnings per share was TWD 0.16 compared to TWD 1.02 a year ago.
AMULAIRETHERMALTECHNOLOGY,INC. is a Taiwan-based company engaged in the manufacturing of cooling module and related components of inverter used for hybrid vehicles and electric vehicles. The cooling module and related components of inverter disperse the heat generated during the operation of the inverter and make the inverter module working normally. The Others contain cooling systems and components used in the servers, super computers and other high power electronic systems, as well as projector, central processing unit/graphics processing unit (CPU/GPU) and other computer, communication, consumer (3C) products.