Fujian Torch Electron Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 19, 2021 at 06:23 am EDT
Share
Fujian Torch Electron Technology Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 2,411.964 million compared to CNY 1,498.866 million a year ago. Operating income was CNY 678.590 million compared to CNY 339.684 million a year ago. Net income was CNY 550.637 million compared to CNY 274.562 million a year ago. Basic earnings per share from continuing operations was CNY 1.2 compared to CNY 0.61 a year ago. Diluted earnings per share from continuing operations was CNY 1.16 compared to CNY 0.6 a year ago.
Fujian Torch Electron Technology Co Ltd is a China-based company mainly engaged in the production and sales of electronic components. The Company's main businesses include research and development (R&D) and production of capacitors and related products, testing and service business, R&D of high-performance special ceramic materials, international trade of capacitor devices. The Company's main products include chip multilayer ceramic capacitors, leaded multilayer ceramic capacitors and multi-core group ceramic capacitors, which are mainly used in military markets such as aviation, aerospace, ships, weapons, electronic countermeasures, and system communication equipment, industrial control equipment, medical electronic equipment, consumer electronics and other civilian markets.
FUJIAN TORCH ELECTRON TECHNOLOGY CO., LTD. 
