Lingsen Precision Industries, Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 04, 2020 at 05:31 pm EDT
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Lingsen Precision Industries, Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 1,281.737 million compared to TWD 990.423 million a year ago. Operating loss was TWD 68.911 million compared to TWD 225.825 million a year ago. Net loss was TWD 54.937 million compared to TWD 217.484 million a year ago. Basic loss per share was TWD 0.15 compared to TWD 0.58 a year ago.
LINGSEN PRECISION INDUSTRIES, LTD. is a Taiwan-based company principally engaged in the packaging, processing, testing and distribution of integrated circuits (ICs) and semiconductor components. The Company mainly operates its businesses through packaging and testing of ICs and semiconductor products, including small outline package (SOP), shrink small outline package (SSOP), thin small outline package (TSOP), thin shrink small outline package (TSSOP), plastic leadless chip carrier (PLCC), quad flat package (QFP), thin quad flat package (TQFP) services, as well as photo detect ICs (PD-ICs) and others. Its products are applied in the consumer electronics, automobile electronic products, memory products, communication equipment and power management products. The Company conducts its businesses primarily in Taiwan, the Americas, the rest of Asia and Europe.