Lien Chang Electronic Enterprise Co., Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 02:20 am IST
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Lien Chang Electronic Enterprise Co. Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 431.725 million compared to TWD 701.290 million a year ago. Operating loss was TWD 10.413 million compared to TWD 13.230 million a year ago. Net loss was TWD 9.179 million compared to TWD 7.877 million a year ago. Basic loss per share was TWD 0.08 compared to TWD 0.07 a year ago. For the half year, sales was TWD 1,050.835 million compared to TWD 1,412.479 million a year ago. Operating income was TWD 277,000 compared to operating loss of TWD 41.510 million a year ago. Net income was TWD 7.403 million compared to net loss of TWD 40.985 million a year ago. Basic earnings per share was TWD 0.07 compared to basic loss per share of TWD 0.37 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.
LIEN CHANG ELECTRONIC ENTERPRISE CO., LTD 
