Taiwan Sanyo Electric Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 12:47 pm EST
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Taiwan Sanyo Electric Co.,Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 1,467.248 million compared to TWD 1,257.490 million a year ago. Operating income was TWD 87.571 million compared to TWD 66.945 million a year ago. Net income was TWD 72.615 million compared to TWD 62.308 million a year ago. Basic earnings per share was TWD 0.28 compared to TWD 0.24 a year ago. For the nine months, sales was TWD 4,146.175 million compared to TWD 3,998.190 million a year ago. Operating income was TWD 192.644 million compared to TWD 211.402 million a year ago. Net income was TWD 170.156 million compared to TWD 170.990 million a year ago. Basic earnings per share was TWD 0.66 compared to TWD 0.66 a year ago.
Taiwan Sanyo Electric Co., Ltd. is principally engaged the manufacturing and distribution of household electrical appliances. The Companyâs products consist of household electrical appliances, including refrigerators, freezers, washing machines, clothes dryers and air conditioners; wireless products, including color televisions, thin televisions, video and audio disk players; small household electrical appliances, including stereos, electrical fans, electrical shavers, electrical cookers, microwave ovens and mixers, among others. The Company distributes its products within domestic market and to overseas markets.