I-Chiun Precision Industry Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 12, 2021 at 06:24 pm EDT
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I-Chiun Precision Industry Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 1,312.925 million compared to TWD 823.701 million a year ago. Operating income was TWD 111.048 million compared to operating loss of TWD 68.085 million a year ago. Net income was TWD 80.694 million compared to net loss of TWD 75.887 million a year ago. Basic earnings per share was TWD 0.4 compared to basic loss per share of TWD 0.38 a year ago.
I-CHIUN PRECISION INDUSTRY CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of light-emitting diode (LED) lead frames and liquid crystal display (LCD) components. The Company's main products include LED lead frames, surface mount device (SMD) frames, infrared lead frames and automotive lamp lead frames, LCD backlight module reflectors and backplanes, as well as stamping components for mobile communications products. The Company mainly conducts its business in domestic and overseas markets.