Associated Industries China, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021
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Associated Industries China, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 146.33 million compared to TWD 148.84 million a year ago. Revenue was TWD 140.29 million compared to TWD 143.96 million a year ago. Net income was TWD 0.338 million compared to TWD 0.746 million a year ago. Basic earnings per share from continuing operations was TWD 0.01 compared to TWD 0.02 a year ago. Diluted earnings per share from continuing operations was TWD 0.01.
For the nine months, sales was TWD 462.83 million compared to TWD 382.51 million a year ago. Revenue was TWD 444.97 million compared to TWD 370.52 million a year ago. Net income was TWD 6.58 million compared to net loss of TWD 25.4 million a year ago. Basic earnings per share from continuing operations was TWD 0.13 compared to basic loss per share from continuing operations of TWD 0.51 a year ago. Diluted earnings per share from continuing operations was TWD 0.13.
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.
ASSOCIATED INDUSTRIES CHINA, INC. 
