Associated Industries China, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 08:34 pm IST
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Associated Industries China, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 143.957 million compared to TWD 143.436 million a year ago. Operating income was TWD 2.368 million compared to operating loss of TWD 6.404 million a year ago. Net income was TWD 746,000 compared to net loss of TWD 9.774 million a year ago. Basic earnings per share was TWD 0.02 compared to basic loss per share of TWD 0.19 a year ago. For the nine months, total revenue was TWD 370.519 million compared to TWD 434.646 million a year ago. Operating loss was TWD 22.452 million compared to TWD 23.630 million a year ago. Net loss was TWD 25.404 million compared to TWD 37.694 million a year ago. Basic loss per share was TWD 0.51 compared to TWD 0.73 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. 
