Lingsen Precision Industries, Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 08, 2019 at 01:39 am IST
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Lingsen Precision Industries, Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 1,300.167 million compared to TWD 1,344.596 million a year ago. Operating loss was TWD 100.226 million compared to TWD 62.243 million a year ago. Net loss was TWD 88.807 million compared to TWD 34.316 million a year ago. Basic loss per share was TWD 0.23 compared to TWD 0.09 a year ago. For the nine months, sales was TWD 3,462.817 million compared to TWD 4,036.738 million a year ago. Operating loss was TWD 461.842 million compared to TWD 170.890 million a year ago. Net loss was TWD 442.833 million compared to TWD 114.166 million a year ago. Basic loss per share was TWD 1.18 compared to TWD 0.3 a year ago.
LINGSEN PRECISION INDUSTRIES, LTD. is a Taiwan-based company principally engaged in the packaging, processing, testing and distribution of integrated circuits (ICs) and semiconductor components. The Company mainly operates its businesses through packaging and testing of ICs and semiconductor products, including small outline package (SOP), shrink small outline package (SSOP), thin small outline package (TSOP), thin shrink small outline package (TSSOP), plastic leadless chip carrier (PLCC), quad flat package (QFP), thin quad flat package (TQFP) services, as well as photo detect ICs (PD-ICs) and others. Its products are applied in the consumer electronics, automobile electronic products, memory products, communication equipment and power management products. The Company conducts its businesses primarily in Taiwan, the Americas, the rest of Asia and Europe.
LINGSEN PRECISION INDUSTRIES, LTD. 
