Taiwan Chinsan Electronic Industrial Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 13, 2020 at 03:00 pm EDT
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Taiwan Chinsan Electronic Industrial Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 710.554 million compared to TWD 709.306 million a year ago. Operating loss was TWD 4.640 million compared to TWD 39.408 million a year ago. Net loss was TWD 44.485 million compared to TWD 19.657 million a year ago. Basic loss per share was TWD 0.36 compared to TWD 0.16 a year ago.
TAIWAN CHINSAN ELECTRONIC INDUSTRIAL CO., LTD is a Taiwan-based company principally engaged in the manufacture, processing and sales of capacitors for aluminum electrolytic capacitors and solid electrolytic capacitors. The Company is mainly engaged in the provision of aluminum electrolytic capacitors, including standard products, mini-size products, large-size products, low impedance products, specialty products and solid capacitors. The Companyâs products are primarily applied in the manufacture of personal computers (PCs), notebook computers, television (TV) sets, office machines, household electrical appliances, communication products, power converters, lightening systems, electric power devices, air-conditioning systems, transmission belts, elevators, textile machines, welding machines and others.