Chi Cheng Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 11:40 am EST
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Chi Cheng Enterprise Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 118.412 million compared to TWD 146.965 million a year ago. Operating income was TWD 856,000 compared to TWD 5.175 million a year ago. Net loss was TWD 987,000 compared to net income of TWD 24.746 million a year ago. Basic loss per share was TWD 0.01 compared to basic earnings per share of TWD 0.23 a year ago. For the nine months, sales was TWD 392.820 million compared to TWD 417.288 million a year ago. Operating income was TWD 20.525 million compared to TWD 18.824 million a year ago. Net income was TWD 36.629 million compared to TWD 37.364 million a year ago. Basic earnings per share was TWD 0.34 compared to TWD 0.34 a year ago.
Taiwan CHI CHENG Enterprise Co., Ltd is a Taiwan-based company principally engaged in the manufacture and sales of precision hardware, plastic electronic components and precision inserts parts. The Company's main products include computer, communications and consumer electronics (3C) product components, display module components and others. The Company is also involved in the design and manufacture of hardware molds and plastic molds. The Company distributes its products in domestic market and to overseas markets, such as mainland China and Malaysia.