E-Lead Electronic Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 04, 2022 at 03:05 am IST
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E-Lead Electronic Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 716.77 million compared to TWD 530.33 million a year ago. Net income was TWD 80.89 million compared to net loss of TWD 9.69 million a year ago. Basic earnings per share from continuing operations was TWD 0.68 compared to basic loss per share from continuing operations of TWD 0.08 a year ago. Diluted earnings per share from continuing operations was TWD 0.68 compared to diluted loss per share from continuing operations of TWD 0.08 a year ago.
For the six months, sales was TWD 1,546.96 million compared to TWD 1,047.87 million a year ago. Net income was TWD 147.89 million compared to TWD 0.485 million a year ago. Basic earnings per share from continuing operations was TWD 1.24. Diluted earnings per share from continuing operations was TWD 1.24.
E-LEAD ELECTRONIC CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of automobile electronic products. The Companyâs primary products include automobile video and radio navigation systems, rear seat entertainment systems, automotive electronic modules, sports apparatus and multimedia products. The Company mainly operates through three business segments. The Taiwan E-Lead Operation segment is mainly engaged in the sales businesses in Taiwan. The Jiangsu E-Lead Operation segment is mainly engaged in the sales businesses in Mainland China. The Thailand E-Lead Operation segment is mainly engaged in the sales businesses in Southeast Asia. The Company mainly distributes its products in Mainland China, Taiwan, Saudi Arabia and Thailand.