Orange Electronic Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 10, 2020 at 08:58 pm IST
Share
Orange Electronic Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 76.084 million compared to TWD 94.795 million a year ago. Operating loss was TWD 3.441 million compared to operating Income of TWD 6.098 million a year ago. Net loss was TWD 6.319 million compared to net income of TWD 5.393 million a year ago. Basic loss per share was TWD 0.3 compared to basic earnings per share of TWD 0.25 a year ago. For the half year, sales was TWD 155.206 million compared to TWD 160.563 million a year ago. Operating loss was TWD 4.295 million compared to TWD 1.239 million a year ago. Net loss was TWD 8.416 million compared to net income of TWD 335,000 a year ago. Basic loss per share was TWD 0.39 compared to basic earnings per share of TWD 0.02 a year ago.
Orange Electronic Co., Ltd. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of automotive wireless tire pressure detectors. The Company's main products include wireless tire pressure monitoring systems (TPMSs), tire pressure detectors and tire pressure detection kits. The Company distributes its products in domestic market and to overseas markets, such as the Americas, the rest areas of Asia and Europe.
ORANGE ELECTRONIC CO., LTD. 