Associated Industries China, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 13, 2022 at 12:43 am EDT
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Associated Industries China, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 152.66 million compared to TWD 137.03 million a year ago. Revenue was TWD 146.59 million compared to TWD 131.12 million a year ago. Net loss was TWD 3.17 million compared to TWD 3.88 million a year ago. Basic loss per share from continuing operations was TWD 0.06 compared to TWD 0.08 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.