Lien Chang Electronic Enterprise Co., Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 14, 2021 at 04:32 am IST
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Lien Chang Electronic Enterprise Co. Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 385.331 million compared to TWD 431.725 million a year ago. Operating loss was TWD 20.794 million compared to TWD 10.413 million a year ago. Net loss was TWD 25.020 million compared to TWD 9.179 million a year ago. Basic loss per share was TWD 0.22 compared to TWD 0.08 a year ago. For the half year, sales was TWD 867.814 million compared to TWD 1,050.835 million a year ago. Operating loss was TWD 38.201 million compared to operating Income of TWD 277,000 a year ago. Net income was TWD 154.913 million compared to TWD 7.403 million a year ago. Basic earnings per share was TWD 1.4 compared to TWD 0.07 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.