Action Electronics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021 at 10:04 am EDT
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Action Electronics Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 395.933 million compared to TWD 269.647 million a year ago. Operating income was TWD 8.860 million compared to operating loss of TWD 2.790 million a year ago. Net income was TWD 17.858 million compared to TWD 8.504 million a year ago. Basic earnings per share from continuing operations was TWD 0.06 compared to TWD 0.03 a year ago.
Action Electronics Co., Ltd. is a Taiwan-based company principally engaged in the manufacture, processing, distribution, maintenance and technology services of electronic products. The Company provides portable multimedia players, liquid crystal digital televisions and digital video disks (DVD), digital photo frames, mobile entertainment products, mobile Internet products, solar application products and tablet personal computers, among others. The Company also involves in the provision of related technology transfer and consulting services. It distributes its products primarily in Asia, Europe and the Americas.