Ligitek Electronics Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 09, 2020 at 02:26 pm EST
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Ligitek Electronics Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 270.344 million compared to TWD 191.012 million a year ago. Operating income was TWD 50.739 million compared to TWD 10.051 million a year ago. Net income was TWD 55.619 million compared to TWD 9.074 million a year ago. Basic earnings per share was TWD 0.51 compared to TWD 0.08 a year ago. For the nine months, sales was TWD 688.260 million compared to TWD 575.503 million a year ago. Operating income was TWD 102.286 million compared to TWD 24.761 million a year ago. Net income was TWD 108.386 million compared to TWD 77.270 million a year ago. Basic earnings per share was TWD 0.99 compared to TWD 0.68 a year ago. Diluted earnings per share was TWD 0.98 compared to TWD 0.67 a year ago.
Ligitek Electronics Co Ltd is a Taiwan-based company principally engaged in the manufacture, processing and sale of light emitting diode (LED) products and integrated circuit (IC) products. The main products include conventional LEDs, super brighter LEDs, white light LEDs, infra-red LEDs, photo pin diodes, photo transistors, seven segment displays, dot matrix displays, backlight displays, LED arrays, indoor and outdoor LED lighting modules, semiconductor lasers, photoelectric sensors, photoelectric system packaging components, solar cell modules and others. The products are applied in computers and peripheral products, information products, breeding industry, monitors, and others. The Company distributes its products in Taiwan, America, Europe, Asia, and other markets.