Forward Electronics Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021
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Forward Electronics Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 240.75 million compared to TWD 207.43 million a year ago. Net income was TWD 16.81 million compared to net loss of TWD 33.19 million a year ago. Basic earnings per share from continuing operations was TWD 0.1236 compared to basic loss per share from continuing operations of TWD 0.2359 a year ago.
For the nine months, sales was TWD 713.68 million compared to TWD 572.27 million a year ago. Net income was TWD 30.42 million compared to net loss of TWD 94.5 million a year ago. Basic earnings per share from continuing operations was TWD 0.2134 compared to basic loss per share from continuing operations of TWD 0.674 a year ago.
Forward Electronics Co Ltd is a Taiwan-based company principally engaged in the production and sales of optoelectronics products, information appliance peripheral products and electronic components. The Company's optoelectronics products include backlight modules, liquid crystal display (LCD) modules and light emitting diodes (LEDs). The Company's information appliance peripheral products include game consoles, vehicle anti-collision systems, financial terminal systems, computers, wireless sensing devices and others. Its electronic components consist of switches, variable resistors, bit generators, sensors and others. The Company also provides lighting products. The Company distributes its products within domestic market and to overseas markets.
FORWARD ELECTRONICS CO., LTD. 
