Para Light Electronics Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 09, 2021
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Para Light Electronics Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 267.79 million compared to TWD 206.79 million a year ago. Net income was TWD 9.19 million compared to net loss of TWD 6.64 million a year ago. Basic earnings per share from continuing operations was TWD 0.08 compared to basic loss per share from continuing operations of TWD 0.06 a year ago. Diluted earnings per share from continuing operations was TWD 0.08 compared to diluted loss per share from continuing operations of TWD 0.06 a year ago.
For the nine months, sales was TWD 712.94 million compared to TWD 579.71 million a year ago. Net income was TWD 27.61 million compared to net loss of TWD 29.28 million a year ago. Basic earnings per share from continuing operations was TWD 0.25 compared to basic loss per share from continuing operations of TWD 0.26 a year ago. Diluted earnings per share from continuing operations was TWD 0.25 compared to diluted loss per share from continuing operations of TWD 0.26 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.