Fit Holding Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 07, 2020
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FIT Holding Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 1,611.075 million compared to TWD 1,984.154 million a year ago. Operating loss was TWD 122.347 million compared to TWD 156.890 million a year ago. Net loss was TWD 82.641 million compared to TWD 161.138 million a year ago. Basic loss per share was TWD 0.34 compared to TWD 0.65 a year ago.
FIT Holding Co., Ltd. is a Taiwan-based company mainly engaged in general investment business. Through its investment holding company subsidiaries, the Company also conducts the trading of Apple products and peripherals, the manufacturing and trading of electronic products, the manufacturing and trading of mobile peripheral products, the development and maintenance of renewable energy, and the research, development, manufacture of wired and wireless cloud image scanners and image identification devices, and the provision of labor and processing services, the research, design, development, manufacturing and sales of optical and optical communication components, including optical lens sets, mainly used in smartphones, tablets, game consoles and fiber optic networks product connectors.