Forward Electronics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 06, 2020 at 05:23 pm EDT
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Forward Electronics Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 172.289 million compared to TWD 304.441 million a year ago. Operating loss was TWD 37.378 million compared to TWD 24.158 million a year ago. Net loss was TWD 66.574 million compared to TWD 10.840 million a year ago. Basic loss per share was TWD 0.42 compared to TWD 0.07 a year ago.
Forward Electronics Co Ltd is a Taiwan-based company principally engaged in the production and sales of optoelectronics products, information appliance peripheral products and electronic components. The Company's optoelectronics products include backlight modules, liquid crystal display (LCD) modules and light emitting diodes (LEDs). The Company's information appliance peripheral products include game consoles, vehicle anti-collision systems, financial terminal systems, computers, wireless sensing devices and others. Its electronic components consist of switches, variable resistors, bit generators, sensors and others. The Company also provides lighting products. The Company distributes its products within domestic market and to overseas markets.
FORWARD ELECTRONICS CO., LTD. 
