Cincon Electronics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 09, 2022
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Cincon Electronics Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 327.33 million compared to TWD 261.8 million a year ago. Net income was TWD 41.28 million compared to TWD 17.87 million a year ago. Basic earnings per share from continuing operations was TWD 0.86 compared to TWD 0.37 a year ago. Diluted earnings per share from continuing operations was TWD 0.86 compared to TWD 0.37 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.