Shining Victory Motor Electronic Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2018
April 27, 2019 at 10:14 am EDT
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Shining Victory Motor Electronic Co., Ltd. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced total revenue was TWD 852.999 million compared to TWD 896.303 million a year ago. Operating income was TWD 105.835 million compared to TWD 149.270 million a year ago. Net income was TWD 106.212 million compared to TWD 127.529 million a year ago. Basic earnings per share was TWD 2.53 compared to TWD 3.15 a year ago.
Shining Victory Motor Electronic Co., Ltd. is a Cayman Islands-based investment holding company. The Company is mainly engaged in the production and sales of automotive light-emitting diode (LED) ambient lights, metal and plastic interior and exterior parts, with a production base in Pinghu, Jiaxing, China. Its products include camera, lens group, surround view system; interior mood lamp series; LED photoelectric series; Interior and exterior series; and Modified car series. The Company has stamping, wire drawing, etching, aluminum oxidation, light sheet, light strip, dust-free assembly, assembly assembly, lamp assembly and other workshops. Its manufacturing system and process meets the diversified product needs of customers. The Companyâs re-investment companies include Huasheng International Holdings Co., Ltd., Yilan Auto Parts Manufacturing (Pinghu) Co., Ltd., E-LAN HOLDING COMPANY, E-LAN CAR COMPONENTS (USA) INC. and Oakwood Yilan Auto Parts Manufacturing Co., Ltd.