Shining Victory Motor Electronic Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 12, 2019 at 03:00 pm EDT
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Shining Victory Motor Electronic Co., Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was TWD 276.407 million compared to TWD 444.432 million a year ago. Operating loss was TWD 409,000 compared to operating Income of TWD 79.092 million a year ago. Net income was TWD 14.778 million compared to TWD 64.453 million a year ago. Basic earnings per share was TWD 0.35 compared to TWD 1.53 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.