High-Tek Harness Enterprise Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 16, 2021
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High-Tek Harness Enterprise Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 1,199.832 million compared to TWD 1,252.630 million a year ago. Operating income was TWD 22.776 million compared to TWD 108.868 million a year ago. Net loss was TWD 17.835 million compared to net income of TWD 27.530 million a year ago. Basic loss per share was TWD 0.15 compared to basic earnings per share of TWD 0.24 a year ago. For the half year, total revenue was TWD 2,301.496 million compared to TWD 2,021.618 million a year ago. Operating income was TWD 75.217 million compared to TWD 118.645 million a year ago. Net loss was TWD 9.624 million compared to net income of TWD 15.037 million a year ago. Basic loss per share was TWD 0.08 compared to basic earnings per share of TWD 0.13 a year ago.
High-Tek Harness Enterprise Co., Ltd is a Taiwan-based company principally engaged in the manufacture, processing and distribution of cable assemblies. The Company provides micro coaxial cable assemblies, which are applied in notebook computers, personal digital assistants (PDAs) and liquid crystal display (LCD) televisions; electronic cable assemblies, which are applied in notebook computers, ultra thin LCD monitors, servers, LCD televisions and other consumer electronics; antenna cable assemblies, which are applied in mobile phones, PDAs and notebook computers; junction coaxial cable assemblies, which are applied in digital cameras and digital video cameras, as well as cable assemblies for medical equipment. The Company mainly distributes its products in Taiwan, the rest of Asia and Central America.