Cipherlab Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 06, 2020 at 03:31 pm EST
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Cipherlab Co.,Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 298.695 million compared to TWD 331.085 million a year ago. Operating income was TWD 8.192 million compared to TWD 9.798 million a year ago. Net income was TWD 8.997 million compared to TWD 7.126 million a year ago. Basic earnings per share was TWD 0.13 compared to TWD 0.1 a year ago. For the nine months, total revenue was TWD 715.101 million compared to TWD 958.614 million a year ago. Operating loss was TWD 103.169 million compared to TWD 8.878 million a year ago. Net loss was TWD 73.796 million compared to TWD 2.252 million a year ago. Basic loss per share was TWD 1.08 compared to TWD 0.03 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.