Associated Industries China, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 01:46 am IST
Share
Associated Industries China, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 168.87 million compared to TWD 179.47 million a year ago. Net loss was TWD 2.41 million compared to net income of TWD 10.12 million a year ago. Basic loss per share from continuing operations was TWD 0.05 compared to basic earnings per share from continuing operations of TWD 0.21 a year ago. Basic loss per share was TWD 0.05 compared to basic earnings per share of TWD 0.21 a year ago.
For the six months, sales was TWD 321.53 million compared to TWD 316.49 million a year ago. Net loss was TWD 5.58 million compared to net income of TWD 6.24 million a year ago. Basic loss per share from continuing operations was TWD 0.11 compared to basic earnings per share from continuing operations of TWD 0.13 a year ago. Basic loss per share was TWD 0.11 compared to basic earnings per share of TWD 0.13 a year ago.
Associated Industries China, Inc. is a Taiwan-based company principally engaged in the research and development and sales of liquid crystal display (LCD) products and its components. The Company operates through three segments. The LCD Products segment is engaged in the research and development and sales of LCD products and related products. The LCD products under its proprietary brand, AG Neovo, are applied in security surveillance, commercial electronic panels, touch panels, education and research, traffic and transportation and healthcare industries. The Medical Equipment segment is engaged in the sales of medical equipment. The Properties Leasing segment is engaged in the leasing of properties. The Company operates businesses in the Americas, Europe and Asia, among others.
ASSOCIATED INDUSTRIES CHINA, INC. 