Forward Electronics Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 26, 2020 at 06:48 pm IST
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Forward Electronics Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 989.445 million compared to TWD 1,441.177 million a year ago. Operating loss was TWD 155.191 million compared to TWD 65.413 million a year ago. Net loss was TWD 141.948 million compared to TWD 190.096 million a year ago. Basic loss per share was TWD 0.9 compared to TWD 1.21 a year ago.
Forward Electronics Co Ltd is a Taiwan-based company principally engaged in the production and sales of optoelectronics products, information appliance peripheral products and electronic components. The Company's optoelectronics products include backlight modules, liquid crystal display (LCD) modules and light emitting diodes (LEDs). The Company's information appliance peripheral products include game consoles, vehicle anti-collision systems, financial terminal systems, computers, wireless sensing devices and others. Its electronic components consist of switches, variable resistors, bit generators, sensors and others. The Company also provides lighting products. The Company distributes its products within domestic market and to overseas markets.