Wanshih Electronic Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 23, 2020 at 03:34 pm
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Wanshih Electronic Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 1,440.783 million compared to TWD 1,639.519 million a year ago. Operating loss was TWD 64.029 million compared to TWD 3.839 million a year ago. Net income was TWD 7.437 million compared to net loss of TWD 22.809 million a year ago. Basic earnings per share was TWD 0.08 compared to basic loss per share of TWD 0.24 a year ago.
WanShih Electronic Co., Ltd. is a Taiwan-based company principally engaged in the development, manufacture and sales of cables for information and communication devices. The Companyâs primary products include the internal and external coaxial cable assemblies and antennas of information and communication products. Its products are mainly used in the notebook computers, liquid crystal display (LCD) televisions, mobile phones, personal digital assistants (PDAs), desktop computers, industrial computers, digital versatile disc (DVD) players, digital video recorders and wireless communications equipment. The Company operates through two business segments. The Taiwan Market segment is mainly engaged in the research, development and sales businesses. The Mainland China segment is mainly engaged in the manufacture and sales businesses. The Companyâs products are mainly exported to Asia, the Americas and Europe.
WANSHIH ELECTRONIC CO., LTD. 
