Lien Chang Electronic Enterprise Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 10, 2019 at 09:48 pm
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Lien Chang Electronic Enterprise Co. Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 847.658 million compared to TWD 665.955 million a year ago. Operating income was TWD 20.449 million compared to operating loss of TWD 46.759 million a year ago. Net income was TWD 41.875 million compared to net loss of TWD 708,000 a year ago. Basic earnings per share was TWD 0.38 compared to basic loss per share of TWD 0.01 a year ago. For the nine months, sales was TWD 2,260.137 million compared to TWD 1,810.769 million a year ago. Operating loss was TWD 21.061 million compared to TWD 161.904 million a year ago. Net income was TWD 890,000 compared to net loss of TWD 91.355 million a year ago. Basic earnings per share was TWD 0.01 compared to basic loss per share of TWD 0.82 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.