Lien Chang Electronic Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 12, 2018 at 11:12 am EST
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Lien Chang Electronic Enterprise Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales of TWD 665.955 million compared to TWD 552.219 million a year ago. Operating loss was TWD 46.759 million compared to TWD 22.923 million a year ago. Net loss was TWD 708,000 compared to net income of TWD 1.515 million a year ago. Basic loss per share was TWD 0.01 compared to basic earnings per share of TWD 0.01 a year ago.
For the nine months, sales of TWD 1,810.769 million compared to TWD 1,899.213 million a year ago. Operating loss was TWD 161.904 million compared to operating Income of TWD 14.274 million a year ago. Net loss was TWD 91.355 million compared to net income of TWD 13.946 million a year ago. Basic loss per share was TWD 0.82 compared to basic earnings per share of TWD 0.13 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.
LIEN CHANG ELECTRONIC ENTERPRISE CO., LTD 
