Fuzetec Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 02, 2022 at 04:41 pm EDT
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Fuzetec Technology Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 126.17 million compared to TWD 138.73 million a year ago. Net income was TWD 51.33 million compared to TWD 37.2 million a year ago. Basic earnings per share from continuing operations was TWD 1.37 compared to TWD 1.18 a year ago. Diluted earnings per share from continuing operations was TWD 1.37 compared to TWD 1.18 a year ago.
For the six months, sales was TWD 273.35 million compared to TWD 275.43 million a year ago. Net income was TWD 102.14 million compared to TWD 72.71 million a year ago. Basic earnings per share from continuing operations was TWD 2.73 compared to TWD 2.32 a year ago. Diluted earnings per share from continuing operations was TWD 2.72 compared to TWD 2.31 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.
FUZETEC TECHNOLOGY CO., LTD. 
