Inpaq Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 09, 2021 at 11:35 am EST
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INPAQ Technology Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was TWD 5,247.322 million compared to TWD 4,230.464 million a year ago. Operating income was TWD 528.029 million compared to TWD 237.389 million a year ago. Net income was TWD 361.449 million compared to TWD 195.102 million a year ago. Basic earnings per share from continuing operations was TWD 2.59 compared to TWD 1.34 a year ago. Diluted earnings per share from continuing operations was TWD 2.58 compared to TWD 1.33 a year ago.
INPAQ TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of protection components and high-frequency components. The Company operates through two main segments. The Protection Components segment is mainly engaged in the research, manufacture and sales of electromagnetic prevention components, overvoltage protection components and over-current protection components. The High-frequency Components segment is primarily involved in the research, manufacture and sales of global positioning system (GPS) satellite antennas and modules, Bluetooth antennas, global system for mobile communications (GSM), code division multiple access (CDMA) and the third generation (3G) antennas, wireless local area network (WLAN) and wireless fidelity (WIFI), as well as various other antennas and modules. The Company distributes its products both in domestic market and to overseas markets.