Para Light Electronics Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 02:03 pm
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Para Light Electronics Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 206.785 million compared to TWD 312.746 million a year ago. Operating loss was TWD 4.970 million compared to operating Income of TWD 21.469 million a year ago. Net loss was TWD 6.644 million compared to net income of TWD 8.750 million a year ago. Basic loss per share was TWD 0.06 compared to basic earnings per share of TWD 0.08 a year ago. For the nine months, sales was TWD 579.709 million compared to TWD 824.133 million a year ago. Operating loss was TWD 14.062 million compared to operating Income of TWD 27.203 million a year ago. Net loss was TWD 29.284 million compared to net income of TWD 23.890 million a year ago. Basic loss per share was TWD 0.26 compared to basic earnings per share of TWD 0.21 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.