Orange Electronic Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 11, 2021 at 07:39 pm EDT
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Orange Electronic Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 104.225 million compared to TWD 76.084 million a year ago. Operating income was TWD 12.029 million compared to operating loss of TWD 3.441 million a year ago. Net income was TWD 6.701 million compared to net loss of TWD 6.319 million a year ago. Basic earnings per share from continuing operations was TWD 0.31 compared to basic loss per share from continuing operations of TWD 0.3 a year ago. For the half year, sales was TWD 190.823 million compared to TWD 155.206 million a year ago. Operating income was TWD 15.822 million compared to operating loss of TWD 4.295 million a year ago. Net income was TWD 8.351 million compared to net loss of TWD 8.416 million a year ago. Basic earnings per share from continuing operations was TWD 0.39 compared to basic loss per share from continuing operations of TWD 0.39 a year ago.
Orange Electronic Co., Ltd. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of automotive wireless tire pressure detectors. The Company's main products include wireless tire pressure monitoring systems (TPMSs), tire pressure detectors and tire pressure detection kits. The Company distributes its products in domestic market and to overseas markets, such as the Americas, the rest areas of Asia and Europe.