Lien Chang Electronic Enterprise Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2019
March 24, 2020 at 08:28 pm EDT
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Lien Chang Electronic Enterprise Co. Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 2,967.216 million compared to TWD 2,428.431 million a year ago. Operating loss was TWD 23.117 million compared to TWD 252.874 million a year ago. Net income was TWD 8.872 million compared to net loss of TWD 189.823 million a year ago. Basic earnings per share was TWD 0.08 compared to basic loss per share of TWD 1.71 a year ago.
LIEN CHANG ELECTRONIC ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of power supply products. The Companyâs products consist of linear power supplies, switching power supplies, transformers, direct current (DC) converters and rectifiers, alternating current (AC) adaptors, as well as chargers and uninterruptible power supply (UPS) products, which are applied in communication, computer, consumer electronics, medical, aerospace, industrial and automatic control, and other industries. The Company distributes its products in domestic market and to overseas market, including the rest of Asia, and other overseas markets.