Hong Tai Electric Industrial Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 09, 2021 at 11:47 am EDT
Share
Hong Tai Electric Industrial Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was TWD 1,459.167 million compared to TWD 1,165.016 million a year ago. Operating income was TWD 138.360 million compared to TWD 52.928 million a year ago. Net income was TWD 178.298 million compared to net loss of TWD 50.882 million a year ago. Basic earnings per share from continuing operations was TWD 0.56 compared to basic loss per share from continuing operations of TWD 0.16 a year ago.
HONG TAI ELECTRIC INDUSTRIAL CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of wire and cable products. The products of the Company include power cables, polyvinyl chloride insulated wires and cables, fire-resistant and heat-resistant cables, control cables, termite resistant cables, bare copper wires, rubber wires and cables, flame-retardant cables, prefabricated branch cables, rodent control cables, smart cables, surveillance system products, access control system products, smart home system products, copper foil substrates and adhesive sheets. The Company operates businesses in domestic and overseas markets.