Associated Industries China, Inc. Reports Earnings Results for the Full Year Ended December 31, 2019
March 25, 2020 at 06:35 pm
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Associated Industries China, Inc. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced total revenue was TWD 597.565 million compared to TWD 746.609 million a year ago. Operating loss was TWD 21.370 million compared to operating Income of TWD 22.898 million a year ago. Net loss was TWD 112.809 million compared to net income of TWD 12.096 million a year ago. Basic loss per share was TWD 2.2 compared to basic earnings per share of TWD 0.23 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.