Cincon Electronics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021 at 04:36 pm EDT
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Cincon Electronics Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 261.798 million compared to TWD 192.069 million a year ago. Operating income was TWD 20.263 million compared to operating loss of TWD 613,000 a year ago. Net income was TWD 17.866 million compared to net loss of TWD 1.004 million a year ago. Basic earnings per share was TWD 0.37 compared to basic loss per share of TWD 0.02 a year ago.
Cincon Electronics Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of power supplies. The Company's products include battery chargers, mobile phone battery converters, switched power supplies, linear power supplies, direct current (DC) converters and alternating current (AC) converters, among others. The Company's products are applied in information and communication products, consumer electronics, medical apparatus, and industrial electronic equipment, as well as military and aircraft industries. The Company distributes its products within Taiwan and China Mainland markets.
CINCON ELECTRONICS CO., LTD. 
