Shining Victory Motor Electronic Co., Ltd. Announces Earnings Results for the Half Year Ended June 30, 2021
August 12, 2021
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Shining Victory Motor Electronic Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced total revenue was TWD 447.812 million compared to TWD 260.597 million a year ago. Operating income was TWD 6.305 million compared to operating loss of TWD 37.800 million a year ago. Net income was TWD 40.432 million compared to net loss of TWD 31.168 million a year ago. Basic earnings per share from continuing operations was TWD 0.96 compared to basic loss per share from continuing operations of TWD 0.74 a year ago.
Shining Victory Motor Electronic Co., Ltd. is a Cayman Islands-based investment holding company. The Company is mainly engaged in the production and sales of automotive light-emitting diode (LED) ambient lights, metal and plastic interior and exterior parts, with a production base in Pinghu, Jiaxing, China. Its products include camera, lens group, surround view system; interior mood lamp series; LED photoelectric series; Interior and exterior series; and Modified car series. The Company has stamping, wire drawing, etching, aluminum oxidation, light sheet, light strip, dust-free assembly, assembly assembly, lamp assembly and other workshops. Its manufacturing system and process meets the diversified product needs of customers. The Companyâs re-investment companies include Huasheng International Holdings Co., Ltd., Yilan Auto Parts Manufacturing (Pinghu) Co., Ltd., E-LAN HOLDING COMPANY, E-LAN CAR COMPONENTS (USA) INC. and Oakwood Yilan Auto Parts Manufacturing Co., Ltd.