E-Lead Electronic Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 04, 2020 at 12:50 am IST
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E-Lead Electronic Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 412.867 million compared to TWD 597.622 million a year ago. Operating loss was TWD 22.243 million compared to TWD 21.175 million a year ago. Net loss was TWD 2.436 million compared to TWD 29.524 million a year ago. Basic loss per share was TWD 0.02 compared to TWD 0.25 a year ago. For the nine months, sales was TWD 1,083.175 million compared to TWD 1,716.302 million a year ago. Operating loss was TWD 136.898 million compared to operating Income of TWD 29.282 million a year ago. Net loss was TWD 91.972 million compared to net income of TWD 4.015 million a year ago. Basic loss per share was TWD 0.77 compared to basic earnings per share of TWD 0.03 a year ago.
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.