Lingsen Precision Industries, Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 06, 2019 at 09:22 pm
Share
Lingsen Precision Industries, Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 1,172.227 million compared to TWD 1,274.066 million a year ago. Net loss was TWD 136.542 million compared to net income of TWD 712,000 a year ago. Basic loss per share was TWD 0.37 compared to basic earnings per share of TWD 0.01 a year ago. For the half year, sales was TWD 2,162.650 million compared to TWD 2,692.142 million a year ago. Net loss was TWD 354.026 million compared to TWD 79.850 million a year ago. Basic loss per share was TWD 0.95 compared to TWD 0.21 a year ago.
LINGSEN PRECISION INDUSTRIES, LTD. is a Taiwan-based company principally engaged in the packaging, processing, testing and distribution of integrated circuits (ICs) and semiconductor components. The Company mainly operates its businesses through packaging and testing of ICs and semiconductor products, including small outline package (SOP), shrink small outline package (SSOP), thin small outline package (TSOP), thin shrink small outline package (TSSOP), plastic leadless chip carrier (PLCC), quad flat package (QFP), thin quad flat package (TQFP) services, as well as photo detect ICs (PD-ICs) and others. Its products are applied in the consumer electronics, automobile electronic products, memory products, communication equipment and power management products. The Company conducts its businesses primarily in Taiwan, the Americas, the rest of Asia and Europe.