Lien Chang Electronic Enterprise Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021 at 04:14 pm
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Lien Chang Electronic Enterprise Co. Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 482.483 million compared to TWD 619.110 million a year ago. Operating loss was TWD 17.407 million compared to operating Income of TWD 10.690 million a year ago. Net income was TWD 179.933 million compared to TWD 16.582 million a year ago. Basic earnings per share was TWD 1.62 compared to TWD 0.15 a year ago.
LIEN CHANG ELECTRONIC ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of power supply products. The Companyâs products consist of linear power supplies, switching power supplies, transformers, direct current (DC) converters and rectifiers, alternating current (AC) adaptors, as well as chargers and uninterruptible power supply (UPS) products, which are applied in communication, computer, consumer electronics, medical, aerospace, industrial and automatic control, and other industries. The Company distributes its products in domestic market and to overseas market, including the rest of Asia, and other overseas markets.