Associated Industries China, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 05:32 pm EDT
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Associated Industries China, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 105.758 million compared to TWD 153.483 million a year ago. Operating loss was TWD 15.513 million compared to TWD 6.227 million a year ago. Net loss was TWD 14.159 million compared to TWD 11.323 million a year ago. Basic loss per share was TWD 0.29 compared to TWD 0.22 a year ago. For the half year, sales was TWD 231.989 million compared to TWD 299.826 million a year ago. Operating loss was TWD 24.820 million compared to TWD 17.225 million a year ago. Net loss was TWD 26.150 million compared to TWD 27.919 million a year ago. Basic loss per share was TWD 0.53 compared to TWD 0.53 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. 
