Lumax International Corp., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 07, 2020 at 04:15 pm EDT
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Lumax International Corp., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 1,381.484 million compared to TWD 1,469.321 million a year ago. Operating income was TWD 188.208 million compared to TWD 243.789 million a year ago. Net income was TWD 165.680 million compared to TWD 206.090 million a year ago. Basic earnings per share was TWD 1.55 compared to TWD 1.93 a year ago. Diluted earnings per share was TWD 1.53 compared to TWD 1.91 a year ago.
Lumax International Corp Ltd is a Taiwan-based company mainly engaged in the distribution of electronic and telecommunication components and materials, the sale and purchase of program-controlled instruments, and system integration engineering services. The Company operates mainly through the Program Control Instrumentation segment, Program Control Systems segment, Communication and Linear Transmission Systems segment, Electronic Components segment, and Other Program Control business segment. Electronic and communication components and materials are sold to domestic and foreign electronic product manufacturers and traders in the same industry. Program-controlled instrument sales and system integration engineering services mainly provide domestic state-owned enterprises and private enterprises with the business of program-controlled instruments needed to reduce process variation.
LUMAX INTERNATIONAL CORP., LTD. 
