E-Lead Electronic Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 03, 2020 at 07:42 pm
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E-Lead Electronic Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 408.573 million compared to TWD 536.935 million a year ago. Operating loss was TWD 50.019 million compared to operating Income of TWD 25.233 million a year ago. Net loss was TWD 26.944 million compared to net income of TWD 20.490 million a year ago. Basic loss per share was TWD 0.23 compared to basic earnings per share of TWD 0.17 a year ago.
E-LEAD ELECTRONIC CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of automobile electronic products. The Companyâs primary products include automobile video and radio navigation systems, rear seat entertainment systems, automotive electronic modules, sports apparatus and multimedia products. The Company mainly operates through three business segments. The Taiwan E-Lead Operation segment is mainly engaged in the sales businesses in Taiwan. The Jiangsu E-Lead Operation segment is mainly engaged in the sales businesses in Mainland China. The Thailand E-Lead Operation segment is mainly engaged in the sales businesses in Southeast Asia. The Company mainly distributes its products in Mainland China, Taiwan, Saudi Arabia and Thailand.