Shining Victory Motor Electronic Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 12, 2020 at 03:44 pm
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Shining Victory Motor Electronic Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was TWD 260.597 million compared to TWD 276.407 million a year ago. Operating loss was TWD 37.800 million compared to TWD 409,000 a year ago. Net loss was TWD 31.168 million compared to net income of TWD 14.778 million a year ago. Basic loss per share was TWD 0.74 compared to basic earnings per share of TWD 0.35 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.