Associated Industries China, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021 at 03:02 pm
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Associated Industries China, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was TWD 131.117 million compared to TWD 123.414 million a year ago. Operating income was TWD 3.254 million compared to operating loss of TWD 9.307 million a year ago. Net loss was TWD 3.880 million compared to TWD 11.991 million a year ago. Basic loss per share was TWD 0.08 compared to TWD 0.24 a year ago.
Associated Industries China, Inc. is a Taiwan-based company principally engaged in the research and development and sales of liquid crystal display (LCD) products and its components. The Company operates through three segments. The LCD Products segment is engaged in the research and development and sales of LCD products and related products. The LCD products under its proprietary brand, AG Neovo, are applied in security surveillance, commercial electronic panels, touch panels, education and research, traffic and transportation and healthcare industries. The Medical Equipment segment is engaged in the sales of medical equipment. The Properties Leasing segment is engaged in the leasing of properties. The Company operates businesses in the Americas, Europe and Asia, among others.