Associated Industries China, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 13, 2020 at 11:12 am EDT
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Associated Industries China, Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 126.231 million compared to TWD 146.343 million a year ago. Operating loss was TWD 9.307 million compared to TWD 10.998 million a year ago. Net loss was TWD 11.991 million compared to TWD 16.596 million a year ago. Basic loss per share was TWD 0.24 compared to TWD 0.32 a year ago.
Associated Industries China, Inc. is a Taiwan-based company principally engaged in the research and development and sales of liquid crystal display (LCD) products and its components. The Company operates through three segments. The LCD Products segment is engaged in the research and development and sales of LCD products and related products. The LCD products under its proprietary brand, AG Neovo, are applied in security surveillance, commercial electronic panels, touch panels, education and research, traffic and transportation and healthcare industries. The Medical Equipment segment is engaged in the sales of medical equipment. The Properties Leasing segment is engaged in the leasing of properties. The Company operates businesses in the Americas, Europe and Asia, among others.
ASSOCIATED INDUSTRIES CHINA, INC. 