Ligitek Electronics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 11, 2020 at 04:14 pm EDT
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Ligitek Electronics Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 187.908 million compared to TWD 191.676 million a year ago. Operating income was TWD 13.837 million compared to TWD 7.941 million a year ago. Net income was TWD 12.681 million compared to TWD 64.166 million a year ago. Basic earnings per share was TWD 0.11 compared to TWD 0.56 a year ago.
LIGITEK ELECTRONICS CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of light emitting diode (LED) products and solar energy products. The Company's products include conventional LEDs, super brighter LEDs, white light LEDs, infra-red LEDs, photo pin diodes, photo transistors, seven segment displays, dot matrix displays, backlight displays, LED arrays, LED lighting modules, solar cell modules and others. The Company's products are applied in computers and peripheral products, communication products, consumer products, home appliances, such as refrigerators and televisions, office equipment, such as fax machines and photocopiers, automobile industry, lighting equipment, outdoor and indoor display boards, as well as traffic signals. The Company distributes its products in domestic market and to overseas markets.