Taiwan Line Tek Electronic Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 13, 2020 at 02:36 pm EDT
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Taiwan Line Tek Electronic Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 700.455 million compared to TWD 982.323 million a year ago. Operating loss was TWD 29.773 million compared to TWD 17.943 million a year ago. Net loss was TWD 32.313 million compared to net income of TWD 11.150 million a year ago. Basic loss per share was TWD 0.23 compared to basic earnings per share of TWD 0.08 a year ago.
TAIWAN LINE TEK ELECTRONIC CO., LTD is a Taiwan-based company principally engaged in the manufacture, processing and distribution of power cords and connecting cables. The Company provides power cords for computers and electrical appliances, as well as connecting cables for information peripheral products and telecommunication equipment. Its products are applied in household electrical appliances, computers, communication devices, consumer electronic products, information peripheral products and others. The Company distributes its products principally in Asia, the Americas and Europe.
TAIWAN LINE TEK ELECTRONIC CO., LTD. 
