Min Aik Precision Industrial Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 06, 2021 at 02:35 pm EDT
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Min Aik Precision 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 457.500 million compared to TWD 391.983 million a year ago. Operating income was TWD 4.238 million compared to operating loss of TWD 24.856 million a year ago. Net income was TWD 1.594 million compared to net loss of TWD 25.564 million a year ago. Basic earnings per share from continuing operations was TWD 0.02 compared to basic loss per share from continuing operations of TWD 0.33 a year ago. Diluted earnings per share from continuing operations was TWD 0.02.
Min Aik Precision Industrial Co., Ltd is a Taiwan-based company principally engaged in the manufacture and distribution of electrical components. The Company's products include hard disk drive (HDD) components, other electronic stamping components, plastic components and automated machines, among others. The HDD components include disk clamps, balance weights, covers and others. The other electronic stamping components include heat sinks, heat spreaders, bracket assemblies and stiffeners. The Company distributes its products within domestic market and to overseas markets, including the rest of Asia, the Americas and Europe.