Lien Chang Electronic Enterprise Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
April 28, 2020 at 06:52 pm EDT
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Lien Chang Electronic Enterprise Co. Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 619.110 million compared to TWD 711.189 million a year ago. Operating income was TWD 10.690 million compared to operating loss of TWD 28.280 million a year ago. Net income was TWD 16.582 million compared to net loss of TWD 33.108 million a year ago. Basic earnings per share was TWD 0.15 compared to basic loss per share of TWD 0.3 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.