Alliance Material Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 30, 2020 at 04:09 pm EDT
Share
Alliance Material Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 551.864 million compared to TWD 485.236 million a year ago. Operating income was TWD 33.391 million compared to TWD 33.378 million a year ago. Net income was TWD 29.049 million compared to TWD 31.821 million a year ago. Basic earnings per share was TWD 1.29 compared to TWD 1.42 a year ago. Diluted earnings per share was TWD 1.26 compared to TWD 1.42 a year ago.
Alliance Material Co., Ltd. is a Taiwan-based company principally engaged in the research and development, manufacture and distribution of optical films. The Company's products include liquid crystal display (LCD) backlight module materials, polymer materials, electrical and electronic insulating adhesive materials, industrial adhesive tapes and double-sided tapes, fine chemical materials and optical protective film materials. Its LCD backlight module materials include diffusion films, reflective films, prism films and blackout reflective materials. The Company distributes its products within the domestic market and to overseas markets, including the rest of Asia and Europe.