Ant Precision Industry Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021 at 03:36 pm EDT
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ANT Precision Industry Co. Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 176.518 million compared to TWD 101.940 million a year ago. Operating income was TWD 18.134 million compared to operating loss of TWD 2.087 million a year ago. Net income was TWD 13.341 million compared to TWD 1.016 million a year ago. Basic earnings per share from continuing operations was TWD 0.34 compared to TWD 0.03 a year ago.
Ant Precision Industry Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of connectors, cable assemblies, as well as molds and the related components. The Company's connector products are mainly applied in the transmission of signals or electricity within electronic systems. Its cable assembly products are mainly applied in the vehicle audio and video communications, entertainment and navigation systems. It industrial mold products mainly consist of plastic molds and stamping dies. The Company mainly distributes its products in domestic market and to overseas markets.