Action Electronics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 13, 2020 at 11:54 pm
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Action Electronics Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 272.030 million compared to TWD 352.377 million a year ago. Operating loss was TWD 2.413 million compared to operating Income of TWD 5.045 million a year ago. Net income was TWD 8.504 million compared to TWD 13.079 million a year ago. Basic earnings per share was TWD 0.03 compared to TWD 0.05 a year ago.
Action Electronics Co., Ltd. is a Taiwan-based company principally engaged in the manufacture, processing, distribution, maintenance and technology services of electronic products. The Company provides portable multimedia players, liquid crystal digital televisions and digital video disks (DVD), digital photo frames, mobile entertainment products, mobile Internet products, solar application products and tablet personal computers, among others. The Company also involves in the provision of related technology transfer and consulting services. It distributes its products primarily in Asia, Europe and the Americas.