Formosa Advanced Technologies Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 04, 2021 at 12:26 pm EDT
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Formosa Advanced Technologies Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 2,534.354 million compared to TWD 2,574.022 million a year ago. Operating income was TWD 449.156 million compared to TWD 464.164 million a year ago. Net income was TWD 361.236 million compared to TWD 387.656 million a year ago. Basic earnings per share from continuing operations was TWD 0.82 compared to TWD 0.88 a year ago.
Formosa Advanced Technologies Co., Ltd. is a Taiwan-based company principally engaged in the provision of integrated circuit (IC) assembly and related testing services and module services. The Company provides services applied in thin small outline packages (TSOPs), small outline packages (SOPs), quad flat packages (QFPs), thin quad flat packages (TQFPs), ball grid array (BGA) packages, chip probing (CP) testing, solid state disk (SSD) testing, system-in-package (SIP) testing, embedded multimedia card (eMMC) testing, as well as cutting, grinding and testing of light emitting diodes (LED) wafers, among others. The Company operates its businesses principally in Taiwan, Hong Kong and South Korea.
FORMOSA ADVANCED TECHNOLOGIES CO., LTD. 
