E-Lead Electronic Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 10, 2019 at 02:14 pm
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E-Lead Electronic Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 597.622 million compared to TWD 482.248 million a year ago. Operating loss was TWD 21.175 million compared to TWD 145.977 million a year ago. Net loss was TWD 29.524 million compared to TWD 115.735 million a year ago. Basic loss per share was TWD 0.25 compared to TWD 0.97 a year ago. For the nine months, sales was TWD 1,716.302 million compared to TWD 1,557.256 million a year ago. Operating income was TWD 29.282 million compared to operating loss of TWD 241.695 million a year ago. Net income was TWD 4.015 million compared to net loss of TWD 168.140 million a year ago. Basic earnings per share was TWD 0.03 compared to basic loss per share of TWD 1.42 a year ago.
E-LEAD ELECTRONIC CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of automobile electronic products. The Companyâs primary products include automobile video and radio navigation systems, rear seat entertainment systems, automotive electronic modules, sports apparatus and multimedia products. The Company mainly operates through three business segments. The Taiwan E-Lead Operation segment is mainly engaged in the sales businesses in Taiwan. The Jiangsu E-Lead Operation segment is mainly engaged in the sales businesses in Mainland China. The Thailand E-Lead Operation segment is mainly engaged in the sales businesses in Southeast Asia. The Company mainly distributes its products in Mainland China, Taiwan, Saudi Arabia and Thailand.