Lien Chang Electronic Enterprise Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 01:25 am IST
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Lien Chang Electronic Enterprise Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 701.290 million compared to TWD 620.899 million a year ago. Operating loss was TWD 13.230 million compared to TWD 59.020 million a year ago. Net loss was TWD 7.877 million compared to TWD 37.326 million a year ago. Basic loss per share was TWD 0.07 compared to TWD 0.34 a year ago. For the half year, sales was TWD 1,412.479 million compared to TWD 1,144.814 million a year ago. Operating loss was TWD 41.510 million compared to TWD 115.145 million a year ago. Net loss was TWD 40.985 million compared to TWD 90.647 million a year ago. Basic loss per share was TWD 0.37 compared to TWD 0.82 a year ago.
LIEN CHANG ELECTRONIC ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of power supply products. The Companyâs products consist of linear power supplies, switching power supplies, transformers, direct current (DC) converters and rectifiers, alternating current (AC) adaptors, as well as chargers and uninterruptible power supply (UPS) products, which are applied in communication, computer, consumer electronics, medical, aerospace, industrial and automatic control, and other industries. The Company distributes its products in domestic market and to overseas market, including the rest of Asia, and other overseas markets.