Shun on Electronic Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 15, 2020 at 08:13 am EST
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Shun On Electronic Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 504.528 million compared to TWD 306.630 million a year ago. Net loss was TWD 12.753 million compared to net income of TWD 1.325 million a year ago. Basic loss per share was TWD 0.09 compared to basic earnings per share of TWD 0.01 a year ago. For the nine months, sales was TWD 1,049.754 million compared to TWD 826.403 million a year ago. Net loss was TWD 28.397 million compared to net income of TWD 21.543 million a year ago. Basic loss per share was TWD 0.19 compared to basic earnings per share of TWD 0.15 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.