Taiwan Sanyo Electric Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 10, 2020 at 04:58 pm EDT
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Taiwan Sanyo Electric Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 1,169.956 million compared to TWD 1,228.457 million a year ago. Operating income was TWD 31.554 million compared to TWD 47.232 million a year ago. Net income was TWD 33.188 million compared to TWD 44.489 million a year ago. Basic earnings per share was TWD 0.13 compared to TWD 0.17 a year ago.
Taiwan Sanyo Electric Co., Ltd. is principally engaged the manufacturing and distribution of household electrical appliances. The Companyâs products consist of household electrical appliances, including refrigerators, freezers, washing machines, clothes dryers and air conditioners; wireless products, including color televisions, thin televisions, video and audio disk players; small household electrical appliances, including stereos, electrical fans, electrical shavers, electrical cookers, microwave ovens and mixers, among others. The Company distributes its products within domestic market and to overseas markets.