Cincon Electronics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 12, 2020 at 01:48 pm EDT
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Cincon Electronics Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 192.069 million compared to TWD 310.262 million a year ago. Operating loss was TWD 613,000 compared to operating Income of TWD 33.613 million a year ago. Net loss was TWD 1.004 million compared to net income of TWD 27.241 million a year ago. Basic loss per share was TWD 0.02 compared to basic earnings per share of TWD 0.57 a year ago.
Cincon Electronics Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of power supplies. The Company's products include battery chargers, mobile phone battery converters, switched power supplies, linear power supplies, direct current (DC) converters and alternating current (AC) converters, among others. The Company's products are applied in information and communication products, consumer electronics, medical apparatus, and industrial electronic equipment, as well as military and aircraft industries. The Company distributes its products within Taiwan and China Mainland markets.
CINCON ELECTRONICS CO., LTD. 
