Fuzetec Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 03, 2021 at 12:50 pm EDT
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Fuzetec Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 136.695 million compared to TWD 95.734 million a year ago. Operating income was TWD 44.284 million compared to TWD 16.899 million a year ago. Net income was TWD 35.512 million compared to TWD 15.953 million a year ago. Basic earnings per share from continuing operations was TWD 1.13 compared to TWD 0.51 a year ago.
Fuzetec Technology Co., Ltd. is engaged in the manufacture of electronic components. The Company is mainly involved in the research, development, manufacture and distribution of polymeric positive temperature coefficient resettable fuses (PPTC), which are used in vehicles, communication networks, industrial control automation and green energy field, among others. The Company mainly distributes its products within domestic and overseas markets.