Lung Hwa Electronics Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 03:34 pm EDT
Share
Lung Hwa Electronics Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 4.200 million compared to TWD 11.547 million a year ago. Operating loss was TWD 40.745 million compared to TWD 24.144 million a year ago. Net loss was TWD 42.221 million compared to TWD 25.096 million a year ago. Basic loss per share was TWD 1.41 compared to TWD 0.84 a year ago. For the half year, sales was TWD 9.709 million compared to TWD 11.955 million a year ago. Operating loss was TWD 78.637 million compared to TWD 42.679 million a year ago. Net loss was TWD 82.013 million compared to TWD 44.651 million a year ago. Basic loss per share was TWD 2.73 compared to TWD 1.49 a year ago.
Lung Hwa Electronics Co., Ltd. is a Taiwan-based company principally engaged in the design, manufacture, processing and distribution of system hosts. The Company mainly provides intelligent home portal security control systems, vehicle multimedia management systems, fleet operation controlling and management systems, and vehicle-based Free-Wireless Fidelity (WIFI) management systems. The Company distributes its products in Taiwan.
LUNG HWA ELECTRONICS CO., LTD. 
