Min Aik Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 11, 2021 at 07:21 pm EDT
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Min Aik Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 970.395 million compared to TWD 908.813 million a year ago. Operating income was TWD 41.735 million compared to operating loss of TWD 86.537 million a year ago. Net income was TWD 41.388 million compared to net loss of TWD 51.879 million a year ago. Basic earnings per share from continuing operations was TWD 0.3 compared to basic loss per share from continuing operations of TWD 0.38 a year ago. For the half year, sales was TWD 1,840.918 million compared to TWD 2,042.580 million a year ago. Operating income was TWD 36.536 million compared to operating loss of TWD 180.937 million a year ago. Net income was TWD 36.226 million compared to net loss of TWD 121.127 million a year ago. Basic earnings per share from continuing operations was TWD 0.26 compared to basic loss per share from continuing operations of TWD 0.88 a year ago.
MIN AIK TECHNOLOGY Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of hard disk machines and related parts and components. The Company's main products include hard disk drive arm assemblies, voice coil motors (VCMs), hard drive top covers, external hard disk machines, read and write head checks, hard drive parts and others. The Company distributes its products in Asia, Europe and the Americas markets.