Lung Hwa Electronics Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 12, 2018 at 02:02 pm EST
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Lung Hwa Electronics Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 237,000 compared to TWD 17.816 million a year ago. Operating loss was TWD 17.933 million compared to operating Income of TWD 1.077 million a year ago. Net loss was TWD 18.520 million compared to TWD 764,000 a year ago. Basic loss per share was TWD 0.62 compared to TWD 0.03 a year ago. For the nine months, sales was TWD 2.343 million compared to TWD 22.653 million a year ago. Operating loss was TWD 29.272 million compared to TWD 10.050 million a year ago. Net loss was TWD 27.886 million compared to TWD 33.407 million a year ago. Basic loss per share was TWD 0.93 compared to TWD 1.11 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. 
