Cincon Electronics Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021 at 04:41 pm EDT
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Cincon Electronics Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 262.846 million compared to TWD 315.381 million a year ago. Operating income was TWD 13.245 million compared to TWD 45.143 million a year ago. Net income was TWD 19.151 million compared to TWD 55.128 million a year ago. Basic earnings per share was TWD 0.4 compared to TWD 1.15 a year ago. For the half year, sales was TWD 524.644 million compared to TWD 507.450 million a year ago. Operating income was TWD 33.508 million compared to TWD 44.530 million a year ago. Net income was TWD 37.017 million compared to TWD 54.124 million a year ago. Basic earnings per share was TWD 0.77 compared to TWD 1.13 a year ago. Diluted earnings per share was TWD 0.77 compared to TWD 1.12 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. 
