Shining Victory Motor Electronic Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 27, 2022 at 11:29 pm
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Shining Victory Motor Electronic Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was TWD 926.52 million compared to TWD 694.22 million a year ago. Net income was TWD 95.91 million compared to net loss of TWD 2.08 million a year ago. Basic earnings per share from continuing operations was TWD 2.28 compared to basic loss per share from continuing operations of TWD 0.05 a year ago. Diluted earnings per share from continuing operations was TWD 2.28 compared to diluted loss per share from continuing operations of TWD 0.05 a year ago.
Shining Victory Motor Electronic Co., Ltd. is a Cayman Islands-based investment holding company. The Company is mainly engaged in the production and sales of automotive light-emitting diode (LED) ambient lights, metal and plastic interior and exterior parts, with a production base in Pinghu, Jiaxing, China. Its products include camera, lens group, surround view system; interior mood lamp series; LED photoelectric series; Interior and exterior series; and Modified car series. The Company has stamping, wire drawing, etching, aluminum oxidation, light sheet, light strip, dust-free assembly, assembly assembly, lamp assembly and other workshops. Its manufacturing system and process meets the diversified product needs of customers. The Companyâs re-investment companies include Huasheng International Holdings Co., Ltd., Yilan Auto Parts Manufacturing (Pinghu) Co., Ltd., E-LAN HOLDING COMPANY, E-LAN CAR COMPONENTS (USA) INC. and Oakwood Yilan Auto Parts Manufacturing Co., Ltd.