Associated Industries China, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
March 29, 2021 at 10:16 pm
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Associated Industries China, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was TWD 538.991 million compared to TWD 597.565 million a year ago. Operating loss was TWD 14.673 million compared to TWD 21.370 million a year ago. Net loss was TWD 38.233 million compared to TWD 112.809 million a year ago. Basic loss per share was TWD 0.77 compared to TWD 2.2 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.