Forward Electronics Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 10, 2019 at 07:01 am EST
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Forward Electronics Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 227.789 million compared to TWD 411.575 million a year ago. Operating loss was TWD 47.969 million compared to operating Income of TWD 5.503 million a year ago. Net loss was TWD 58.588 million compared to TWD 64.239 million a year ago. Basic loss per share was TWD 0.37 compared to TWD 0.41 a year ago. For the nine months, sales was TWD 784.460 million compared to TWD 1,088.353 million a year ago. Operating loss was TWD 101.877 million compared to TWD 12.729 million a year ago. Net loss was TWD 65.624 million compared to TWD 130.938 million a year ago. Basic loss per share was TWD 0.42 compared to TWD 0.83 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. 
