Forward Electronics Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 01:38 am IST
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Forward Electronics Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 252.230 million compared to TWD 364.350 million a year ago. Operating loss was TWD 29.750 million compared to operating Income of TWD 1.339 million a year ago. Net income was TWD 3.804 million compared to net loss of TWD 27.325 million a year ago. Basic earnings per share was TWD 0.02 compared to basic loss per share of TWD 0.17 a year ago. For the half year, sales was TWD 556.671 million compared to TWD 676.778 million a year ago. Operating loss was TWD 53.908 million compared to TWD 18.232 million a year ago. Net loss was TWD 7.036 million compared to TWD 66.699 million a year ago. Basic loss per share was TWD 0.04 compared to TWD 0.42 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.
FORWARD ELECTRONICS CO., LTD. 
