Song Shang Electronics Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 05, 2019 at 04:12 pm EST
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Song Shang Electronics Co.,Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 1,024.700 million compared to TWD 1,227.031 million a year ago. Operating income was TWD 29.542 million compared to TWD 57.595 million a year ago. Net income was TWD 38.605 million compared to TWD 64.015 million a year ago. Basic earnings per share was TWD 0.47 compared to TWD 0.8 a year ago. Diluted earnings per share was TWD 0.47 compared to TWD 0.73 a year ago. For the nine months, sales was TWD 3,088.022 million compared to TWD 3,558.447 million a year ago. Operating income was TWD 61.459 million compared to TWD 100.775 million a year ago. Net income was TWD 67.810 million compared to TWD 95.389 million a year ago. Basic earnings per share was TWD 0.83 compared to TWD 1.19 a year ago. Diluted earnings per share was TWD 0.8 compared to TWD 1.11 a year ago.
Song Shang Electronics Co Ltd is a Taiwan-based company principally engaged in the manufacture and distribution of printed circuit boards (PCBs). The main products include printed circuit boards and magnetic components. printed circuit board products include multi-layer printed circuit boards and single-sided and double-sided printed circuit boards, which are mainly used in consumer products, industrial control products, automotive peripheral products, and communication products. The magnetic components mainly include transformers and coils, which are mainly used in consumer products, communication products, information products, home appliances, and electric motor products. The Company distributes its products in Taiwan, China, Germany, Mexico, and other markets.
SONG SHANG ELECTRONICS CO.,LTD. 
