Associated Industries China, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021
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Associated Industries China, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 179.373 million compared to TWD 105.758 million a year ago. Operating income was TWD 10.262 million compared to operating loss of TWD 15.513 million a year ago. Net income was TWD 10.120 million compared to net loss of TWD 14.159 million a year ago. Basic earnings per share was TWD 0.21 compared to basic loss per share of TWD 0.29 a year ago. Diluted earnings per share was TWD 0.2. For the half year, sales was TWD 315.506 million compared to TWD 231.989 million a year ago. Operating income was TWD 13.516 million compared to operating loss of TWD 24.820 million a year ago. Net income was TWD 6.240 million compared to net loss of TWD 26.150 million a year ago. Basic earnings per share was TWD 0.13 compared to basic loss per share of TWD 0.53 a year ago. Diluted earnings per share was TWD 0.12.
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. 
