Para Light Electronics Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 09, 2020 at 02:03 pm EDT
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Para Light Electronics Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 207.420 million compared to TWD 269.507 million a year ago. Operating income was TWD 7.225 million compared to TWD 12.300 million a year ago. Net loss was TWD 7.193 million compared to net income of TWD 14.729 million a year ago. Basic loss per share was TWD 0.06 compared to basic earnings per share of TWD 0.13 a year ago. For the half year, sales was TWD 372.924 million compared to TWD 511.387 million a year ago. Operating loss was TWD 9.092 million compared to operating Income of TWD 5.734 million a year ago. Net loss was TWD 22.640 million compared to net income of TWD 15.140 million a year ago. Basic loss per share was TWD 0.2 compared to basic earnings per share of TWD 0.13 a year ago.
Para Light Electronics Co., Ltd. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of light emitting diode (LED) products. The Company's main products include LED light bulbs, surface mounted devices (SMDs), LED displays, LED lighting products and other LED related products. The Company is also involved in the development and sales of real estates. The Company distributes its products in domestic market and to overseas markets, such as the rest areas of Asia, the Americas and Europe.