Cipherlab Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 10, 2019 at 01:32 pm EST
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Cipherlab Co.,Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 323.227 million compared to TWD 460.726 million a year ago. Net income was TWD 7.126 million compared to TWD 34.920 million a year ago. Basic earnings per share was TWD 0.1 compared to TWD 0.51 a year ago. For the nine months, sales was TWD 936.036 million compared to TWD 1,056.110 million a year ago. Net loss was TWD 2.252 million compared to net income of TWD 47.241 million a year ago. Basic loss per share was TWD 0.03 compared to basic earnings per share of TWD 0.69 a year ago.
Cipherlab Co., Ltd. is a Taiwan-based company principally engaged in the research and development, manufacture and distribution of mobile computing systems and automatic data collection systems related products. The Companyâs primary products include handheld industrial computers, handheld automatic identification scanners and fixed terminal equipment. The Companyâs products are mainly used in the fields of warehousing management, assets management, inventory management, factory automation management and logistics automation management, among others. The Company mainly operates through five business segments: direct customers segment, agents segment, the United States of America (the USA) sales segment, China sales segment and others segment. The Company mainly exports its products to Europe, the Americas and Asia.