Everspring Industry Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 15, 2020 at 12:24 am IST
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Everspring Industry Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 24.472 million compared to TWD 55.567 million a year ago. Operating loss was TWD 32.070 million compared to TWD 29.302 million a year ago. Net income was TWD 79.280 million compared to net loss of TWD 34.976 million a year ago. Basic earnings per share was TWD 0.37 compared to basic loss per share of TWD 0.16 a year ago.
EVERSPRING INDUSTRY CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of security products. The Company's major products include sensor system products; household security system products, including wireless burglar alarm hosts, sensors and sirens; surveillance system products and home automation control system products. In addition, the Company provides smart lighting products. The Company distributes its products primarily in Europe and the Americas, as well as domestic market and other regions.