Tung Thih Electronic Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 05:27 pm EDT
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Tung Thih Electronic Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 1,403.268 million compared to TWD 1,637.077 million a year ago. Operating loss was TWD 11.096 million compared to TWD 148.410 million a year ago. Net loss was TWD 17.484 million compared to TWD 146.076 million a year ago. Basic loss per share was TWD 0.2 compared to TWD 1.71 a year ago. For the half year, sales was TWD 2,461.738 million compared to TWD 3,384.049 million a year ago. Operating loss was TWD 116.073 million compared to TWD 260.763 million a year ago. Net loss was TWD 116.623 million compared to TWD 187.588 million a year ago. Basic loss per share was TWD 1.36 compared to TWD 2.19 a year ago.
Tung Thih Electronic Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of automobile electronic products and components. The Company's products include ultrasonic car auxiliary systems, vehicle alarms, door locked actuators, multi-function display indoor rear-view mirror systems, vehicle imaging systems, wireless tire pressure detection systems and body control modules (BCMs). The Company distributes its products within domestic market and to overseas markets, including the rest of Asia, Americas and Europe.
TUNG THIH ELECTRONIC CO., LTD. 
