Fuzetec Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 02, 2022
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Fuzetec Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 147.18 million compared to TWD 136.7 million a year ago. Net income was TWD 50.81 million compared to TWD 35.51 million a year ago. Basic earnings per share from continuing operations was TWD 1.36 compared to TWD 1.13 a year ago. Diluted earnings per share from continuing operations was TWD 1.36 compared to TWD 1.13 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.