Shian Yih Electronic Industry Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 09, 2021
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Shian Yih Electronic Industry Co.,Ltd reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 529.93 million compared to TWD 444.14 million a year ago. Revenue was TWD 529.93 million compared to TWD 444.14 million a year ago. Net income was TWD 26.16 million compared to TWD 8.24 million a year ago. Basic earnings per share from continuing operations was TWD 0.43 compared to TWD 0.13 a year ago. Diluted earnings per share from continuing operations was TWD 0.43 compared to TWD 0.13 a year ago.
For the nine months, sales was TWD 1,491.6 million compared to TWD 1,207.28 million a year ago. Revenue was TWD 1,491.6 million compared to TWD 1,207.28 million a year ago. Net income was TWD 36.09 million compared to TWD 24.14 million a year ago. Basic earnings per share from continuing operations was TWD 0.59 compared to TWD 0.39 a year ago. Diluted earnings per share from continuing operations was TWD 0.59 compared to TWD 0.39 a year ago.
Shian Yih Electronic Industry Co Ltd is a Taiwan-based company mainly engaged in the manufacture and distribution of light emitting diode (LED) backlight modules. The Company's production model is based on Original Design Manufacturing (ODM) and Original Equipment Manufacturing (OEM). Its products are applied in liquid crystal displays (LCDs), notebook computers, LCD televisions, digital cameras, personal digital assistants (PDAs) and mobile phones, among others. The Company distributes its products primarily in Taiwan and other Asian markets.