Associated Industries China, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 12:33 pm EST
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Associated Industries China, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was TWD 143.436 million compared to TWD 183.367 million a year ago. Operating loss was TWD 6.404 million compared to operating Income of TWD 7.968 million a year ago. Net loss was TWD 9.774 million compared to net income of TWD 6.434 million a year ago. Basic loss per share was TWD 0.19 compared to basic earnings per share of TWD 0.12 a year ago. Diluted eps was TWD 0 compared to TWD 0.12 a year ago. For the nine months, total revenue was TWD 434.646 million compared to TWD 545.015 million a year ago. Operating loss was TWD 23.630 million compared to operating Income of TWD 13.340 million a year ago. Net loss was TWD 37.694 million compared to net income of TWD 8.956 million a year ago. Basic loss per share was TWD 0.73 compared to basic earnings per share of TWD 0.17 a year ago. Diluted eps was TWD 0 compared to TWD 0.17 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. 
