Associated Industries China, Inc. Reports Earnings Results for the Full Year Ended December 31, 2021
March 28, 2022 at 06:17 am
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Associated Industries China, Inc. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was TWD 658.73 million compared to TWD 556.58 million a year ago. Revenue was TWD 632.26 million compared to TWD 538.99 million a year ago. Net income was TWD 18.24 million compared to net loss of TWD 38.23 million a year ago. Basic earnings per share from continuing operations was TWD 0.37 compared to basic loss per share from continuing operations of TWD 0.77 a year ago. Diluted earnings per share from continuing operations was TWD 0.36. Basic earnings per share was TWD 0.37 compared to basic loss per share of TWD 0.77 a year ago. Diluted earnings per share was TWD 0.36.
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.