Falcon Power Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 09:03 am EST
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Falcon Power Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 194.808 million compared to TWD 176.031 million a year ago. Operating income was TWD 6.554 million compared to TWD 3.435 million a year ago. Net income was TWD 6.766 million compared to TWD 3.439 million a year ago. Basic earnings per share was TWD 0.2 compared to TWD 0.1 a year ago. For the nine months, sales was TWD 634.664 million compared to TWD 464.034 million a year ago. Operating income was TWD 23.128 million compared to TWD 9.007 million a year ago. Net income was TWD 23.361 million compared to TWD 8.497 million a year ago. Basic earnings per share was TWD 0.68 compared to TWD 0.25 a year ago.
Falcon Power Co., Ltd. is a Taiwan-based company principally engaged in the energy business. The Company mainly operates through two business segments, including Waste Disposal segment and Coal segment. The Companyâs products portfolio consists of energy-saving products and other electronic products. The Company distributes its products within the domestic market and to overseas markets, including the rest areas of Asia and others.