Para Light Electronics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 10, 2020 at 07:52 pm
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Para Light Electronics Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 165.504 million compared to TWD 241.880 million a year ago. Operating loss was TWD 16.317 million compared to TWD 6.566 million a year ago. Net loss was TWD 15.447 million compared to net income of TWD 411,000 a year ago. Basic loss per share was TWD 0.14. Basic loss per share from continuing operations was TWD 0.14.
Para Light Electronics Co., Ltd. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of light emitting diode (LED) products. The Company's main products include LED light bulbs, surface mounted devices (SMDs), LED displays, LED lighting products and other LED related products. The Company is also involved in the development and sales of real estates. The Company distributes its products in domestic market and to overseas markets, such as the rest areas of Asia, the Americas and Europe.