Soaring Technology Co. Ltd. Reports Earnings Results for the Full Year Ended December 31, 2018
March 07, 2019 at 12:01 pm EST
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Soaring Technology Co. Ltd. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced total revenue was TWD 402.115 million compared to TWD 48.244 million a year ago. Operating income was TWD 18.036 million compared to of TWD 25.718 million a year ago. Net income was TWD 52.282 million compared to TWD 6.203 million a year ago. Basic earnings per share was TWD 1.07 compared to TWD 0.18 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.