Epileds Technologies, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 07, 2019 at 09:33 pm
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Epileds Technologies, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 284.630 million compared to TWD 308.809 million a year ago. Operating loss was TWD 16.111 million compared to operating Income of TWD 1.694 million a year ago. Net loss was TWD 22.409 million compared to TWD 4.208 million a year ago. Basic loss per share was TWD 0.22 compared to TWD 0.04 a year ago. For the nine months, sales was TWD 881.632 million compared to TWD 891.837 million a year ago. Operating loss was TWD 76.532 million compared to operating Income of TWD 11.556 million a year ago. Net loss was TWD 73.405 million compared to net income of TWD 13.199 million a year ago. Basic loss per share was TWD 0.73 compared to basic earnings per share of TWD 0.13 a year ago.
Epileds Technologies, Inc. is a Taiwan-based company principally engaged in the research, development, manufacture and distribution of light emitting diode (LED) chips and wafers. The Companyâs products include ultra-high brightness LED blue light wafers and chips, green light wafers and chips, red light chips and wafers, LED indoor and outdoor lighting fixtures, among others. Its products are applied in the manufacture of consumer electronics, signals and displays, automobile spare parts, industrial instruments, lightening products and other specialty-purpose products, such as mobile consumer electronics, notebook computers, liquid crystal display (LCD) televisions, advertisement displays, traffic lights, fog lamps, automobile back lamps, program controllers, medical equipment, road lamps, city landscape lightening products and others. The Company mainly distributes its products within domestic market and to overseas markets.