ThinTech Materials Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 09, 2022
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ThinTech Materials Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 662.75 million compared to TWD 763 million a year ago. Net income was TWD 28.81 million compared to TWD 13.12 million a year ago. Basic earnings per share from continuing operations was TWD 0.39 compared to TWD 0.18 a year ago. Diluted earnings per share from continuing operations was TWD 0.39 compared to TWD 0.18 a year ago.
ThinTech Materials Technology Co., Ltd. is principally engaged in the manufacture and distribution of thin film sputtering target products and precious metal materials. The Company main involves in the provision of thin film sputtering target products, which are applied in the manufacture of optical storage disks, flat panel displays, decoration coating products, microelectronic passive components, optical coating parts, wafers, chips and thin film solar batteries, among others, as well as the processing and distribution of gold and silver materials. In addition, it engages in the provision of special materials for optoelectronic devices. The Company distributes its products primarily in Taiwan, as well as the rest of Asia, Europe and the Americas.