I-Chiun Precision Industry Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 04:18 pm
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I-Chiun Precision Industry Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 919.185 million compared to TWD 1,024.865 million a year ago. Operating loss was TWD 59.252 million compared to TWD 77.341 million a year ago. Net loss was TWD 55.014 million compared to TWD 48.491 million a year ago. Basic loss per share was TWD 0.28 compared to TWD 0.25 a year ago. For the nine months, sales was TWD 2,717.717 million compared to TWD 3,130.892 million a year ago. Operating loss was TWD 132.930 million compared to TWD 135.976 million a year ago. Net loss was TWD 98.421 million compared to TWD 67.630 million a year ago. Basic loss per share was TWD 0.5 compared to TWD 0.35 a year ago.
I-CHIUN PRECISION INDUSTRY CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of light-emitting diode (LED) lead frames and liquid crystal display (LCD) components. The Company's main products include LED lead frames, surface mount device (SMD) frames, infrared lead frames and automotive lamp lead frames, LCD backlight module reflectors and backplanes, as well as stamping components for mobile communications products. The Company mainly conducts its business in domestic and overseas markets.