Lingsen Precision Industries, Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 05, 2021 at 03:15 pm EDT
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Lingsen Precision Industries, Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 1,710.780 million compared to TWD 1,281.737 million a year ago. Operating income was TWD 131.554 million compared to operating loss of TWD 68.911 million a year ago. Net income was TWD 107.822 million compared to net loss of TWD 54.937 million a year ago. Basic earnings per share was TWD 0.29 compared to basic loss per share of TWD 0.15 a year ago.
LINGSEN PRECISION INDUSTRIES, LTD. is a Taiwan-based company principally engaged in the packaging, processing, testing and distribution of integrated circuits (ICs) and semiconductor components. The Company mainly operates its businesses through packaging and testing of ICs and semiconductor products, including small outline package (SOP), shrink small outline package (SSOP), thin small outline package (TSOP), thin shrink small outline package (TSSOP), plastic leadless chip carrier (PLCC), quad flat package (QFP), thin quad flat package (TQFP) services, as well as photo detect ICs (PD-ICs) and others. Its products are applied in the consumer electronics, automobile electronic products, memory products, communication equipment and power management products. The Company conducts its businesses primarily in Taiwan, the Americas, the rest of Asia and Europe.