Associated Industries China, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 01:44 am EDT
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Associated Industries China, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 124.54 million compared to TWD 162.96 million a year ago. Revenue was TWD 124.54 million compared to TWD 162.96 million a year ago. Net loss was TWD 7.65 million compared to TWD 2.41 million a year ago. Basic loss per share from continuing operations was TWD 0.15 compared to TWD 0.05 a year ago.
For the six months, sales was TWD 249.74 million compared to TWD 309.54 million a year ago. Revenue was TWD 249.74 million compared to TWD 309.54 million a year ago. Net loss was TWD 10.83 million compared to TWD 5.58 million a year ago. Basic loss per share from continuing operations was TWD 0.21 compared to TWD 0.11 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. 
