Giantplus Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 11, 2020 at 05:38 pm EDT
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Giantplus Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 1,558.631 million compared to TWD 1,935.452 million a year ago. Operating loss was TWD 219.618 million compared to TWD 196.651 million a year ago. Net loss was TWD 187.990 million compared to TWD 162.968 million a year ago. Basic loss per share was TWD 0.43 compared to TWD 0.37 a year ago.
Giantplus Technology Co., Ltd. is a Taiwan-based company principally engaged in the research, development, manufacture and distribution of liquid crystal display (LCD), touch panels, modules and others. The Company's major products include medium-sized and small-sized mono super twisted nematic (STN) LCDs and liquid crystal modules (LCMs), as well as medium-sized and small-sized thin film transistor (TFT) LCDs and LCMs. In addition, the Company provides touch screens. The Company's LCD products are mainly applied to mobile phones, wireless telephones, personal digital assistants (PDAs), digital cameras, digital photo frames, game machines and others. The Company distributes its products mainly in the domestic market and to the overseas markets, including Asia, the Americas, Europe and other areas.