Shun on Electronic Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 01:43 pm EST
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Shun On Electronic Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 295.255 million compared to TWD 293.969 million a year ago. Operating income was TWD 12.058 million compared to TWD 12.210 million a year ago. Net income was TWD 1.325 million compared to TWD 11.617 million a year ago. Basic earnings per share was TWD 0.01 compared to TWD 0.08 a year ago. For the nine months, sales was TWD 786.264 million compared to TWD 753.155 million a year ago. Operating income was TWD 5.092 million compared to TWD 16.126 million a year ago. Net income was TWD 21.543 million compared to TWD 15.515 million a year ago. Basic earnings per share was TWD 0.15 compared to TWD 0.11 a year ago.
SHUN ON ELECTRONIC CO., LTD. is a Taiwan-based company primarily engaged in the manufacture and distribution of conductive membrane and membrane keypad products. The Company mainly operates three business segments, including Conductive Membrane segment, Membrane Keypad segment and Other segment. It provides its customers with computer keyboard conductive membrane, mobile phone keypad and chassis, shrapnel membrane, cell phone keypad module assembly and other types of membrane keypad related products. The Company is also engaged in the development and sales of automotive electronics products, including the design of automotive safety system products, the development of electrochromic rearview mirrors and smart locks for vehicles, aiming to launch whole vehicle electrical and electronic solutions. The Company primarily operates its business in Mainland China.