Inpaq Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 09, 2021 at 05:16 pm EDT
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INPAQ Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 1,752.111 million compared to TWD 1,329.747 million a year ago. Operating income was TWD 196.970 million compared to TWD 127.322 million a year ago. Net income was TWD 137.552 million compared to TWD 81.505 million a year ago. Basic earnings per share from continuing operations was TWD 0.98 compared to TWD 0.58 a year ago. For the half year, total revenue was TWD 3,358.853 million compared to TWD 2,298.792 million a year ago. Operating income was TWD 338.470 million compared to TWD 156.400 million a year ago. Net income was TWD 266.763 million compared to TWD 129.105 million a year ago. Basic earnings per share from continuing operations was TWD 1.9 compared to TWD 0.92 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.