Fuzetec Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 03, 2021 at 04:48 pm EDT
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Fuzetec Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 138.730 million compared to TWD 101.625 million a year ago. Operating income was TWD 45.517 million compared to TWD 24.028 million a year ago. Net income was TWD 37.196 million compared to TWD 18.982 million a year ago. Basic earnings per share was TWD 1.18 compared to TWD 0.6 a year ago. For the half year, sales was TWD 275.425 million compared to TWD 197.359 million a year ago. Operating income was TWD 89.801 million compared to TWD 40.927 million a year ago. Net income was TWD 72.708 million compared to TWD 34.935 million a year ago. Basic earnings per share was TWD 2.32 compared to TWD 1.11 a year ago. Diluted earnings per share was TWD 2.31 compared to TWD 1.11 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.