Globaltek Fabrication Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 02:36 pm EST
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Globaltek Fabrication Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 1,030.769 million compared to TWD 868.355 million a year ago. Operating income was TWD 68.575 million compared to TWD 55.958 million a year ago. Net income was TWD 76.540 million compared to TWD 54.385 million a year ago. Basic earnings per share was TWD 1.15 compared to TWD 0.82 a year ago. Diluted earnings per share was TWD 1.07 compared to TWD 0.8 a year ago. For the nine months, sales was TWD 2,897.961 million compared to TWD 2,604.072 million a year ago. Operating income was TWD 159.873 million compared to TWD 133.191 million a year ago. Net income was TWD 197.170 million compared to TWD 191.000 million a year ago. Basic earnings per share was TWD 2.97 compared to TWD 2.95 a year ago. Diluted earnings per share was TWD 2.87 compared to TWD 2.86 a year ago.
Global Tek Fabrication Co Ltd is a Taiwan based company mainly engaged in the manufacture and sale of automotive precision machinery. The Company offers automotive components including automotive safety system components and automotive drive system components, industrial applications including industrial instrumentation, petrochemical industry spare parts, semiconductor equipment components, bicycle components and other precision metal components, as well as aerospace components, including aircraft and engine components and other products. The Company operates business in domestic market and overseas markets, including Asia, Europe, America and others.