Answer Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 08:25 am EST
Share
Answer Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 1,246.433 million compared to TWD 1,067.061 million a year ago. Net income was TWD 59.128 million compared to TWD 39.879 million a year ago. Basic earnings per share was TWD 0.9 compared to TWD 0.61 a year ago. Diluted earnings per share was TWD 0.89 compared to TWD 0.6 a year ago. For the nine months, sales was TWD 3,819.361 million compared to TWD 3,030.583 million a year ago. Net income was TWD 169.302 million compared to TWD 132.609 million a year ago. Basic earnings per share was TWD 2.58 compared to TWD 2.02 a year ago. Diluted earnings per share was TWD 2.55 compared to TWD 1.98 a year ago.
Answer Technology Co Ltd is a Taiwan-based company principally engaged in the distribution of analog integrated circuits (ICs), mixed-signal ICs, logic ICs and ICs for special applications. The Company's brand agency business covers domestic and overseas brands, such as Analog Devices, Discera, GreenMark, ITE, Parade, TRINAMIC and Xilinx. The Company's products are applied in electronic products, industrial computers, wireless products, card readers, automotive electronics and others. The Company distributes its products within domestic market and to overseas markets.