I-Chiun Precision Industry Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 05:25 pm EST
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I-Chiun Precision Industry Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 1,133.535 million compared to TWD 919.185 million a year ago. Operating income was TWD 12.741 million compared to operating loss of TWD 59.252 million a year ago. Net loss was TWD 9.190 million compared to TWD 55.014 million a year ago. Basic loss per share was TWD 0.05 compared to TWD 0.28 a year ago. For the nine months, sales was TWD 2,988.510 million compared to TWD 2,717.717 million a year ago. Operating loss was TWD 21.911 million compared to TWD 132.930 million a year ago. Net loss was TWD 76.119 million compared to TWD 98.421 million a year ago. Basic loss per share was TWD 0.39 compared to TWD 0.5 a year ago.
I-CHIUN PRECISION INDUSTRY CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of light-emitting diode (LED) lead frames and liquid crystal display (LCD) components. The Company's main products include LED lead frames, surface mount device (SMD) frames, infrared lead frames and automotive lamp lead frames, LCD backlight module reflectors and backplanes, as well as stamping components for mobile communications products. The Company mainly conducts its business in domestic and overseas markets.