Para Light Electronics Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 24, 2020 at 06:51 pm
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Para Light Electronics Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 1,023.540 million compared to TWD 1,440.373 million a year ago. Operating loss was TWD 21.085 million compared to operating Income of TWD 67.625 million a year ago. Net income was TWD 147.525 million compared to TWD 8.114 million a year ago. Basic earnings per share was TWD 1.32 compared to TWD 0.07 a year ago. Diluted earnings per share was TWD 1.3 compared to TWD 0.07 a year ago.
Para Light Electronics Co., Ltd. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of light emitting diode (LED) products. The Company's main products include LED light bulbs, surface mounted devices (SMDs), LED displays, LED lighting products and other LED related products. The Company is also involved in the development and sales of real estates. The Company distributes its products in domestic market and to overseas markets, such as the rest areas of Asia, the Americas and Europe.