Lien Chang Electronic Enterprise Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 09, 2019 at 03:19 pm EDT
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Lien Chang Electronic Enterprise Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 711.189 million compared to TWD 523.915 million a year ago. Operating loss was TWD 28.280 million compared to TWD 56.125 million a year ago. Net loss was TWD 33.108 million compared to TWD 53.321 million a year ago. Basic loss per share was TWD 0.3 compared to TWD 0.48 a year ago.
LIEN CHANG ELECTRONIC ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of power supply products. The Companyâs products consist of linear power supplies, switching power supplies, transformers, direct current (DC) converters and rectifiers, alternating current (AC) adaptors, as well as chargers and uninterruptible power supply (UPS) products, which are applied in communication, computer, consumer electronics, medical, aerospace, industrial and automatic control, and other industries. The Company distributes its products in domestic market and to overseas market, including the rest of Asia, and other overseas markets.