Soaring Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 13, 2020 at 02:20 pm EDT
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Soaring Technology Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 95.109 million compared to TWD 117.319 million a year ago. Operating income was TWD 2.065 million compared to TWD 1.775 million a year ago. Net income was TWD 2.363 million compared to TWD 2.209 million a year ago. Basic earnings per share was TWD 0.07 compared to TWD 0.06 a year ago.
SOARING TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the electronic components related businesses. The Companyâs primary businesses include the design, manufacture and distribution of liquid crystal displays (LCDs), computers and peripherals equipment and components, electric vehicles and bicycles. The Companyâs principal products include multimedia audio and video systems, LCD monitors, point of sale (POS) devices, open frame LCD monitors, high brightness products and LCD racks, as well as the components of LCDs. The Company mainly distributes its products within domestic market and to overseas markets, including the United States of America (the USA), Europe and other regions.
SOARING TECHNOLOGY CO.,LTD. 
