Singatron Enterprise Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
May 06, 2021 at 01:13 pm EDT
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Singatron Enterprise Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 1,042.642 million compared to TWD 610.029 million a year ago. Operating income was TWD 97.613 million compared to TWD 29.314 million a year ago. Net income was TWD 50.642 million compared to TWD 29.258 million a year ago. Basic earnings per share from continuing operations was TWD 0.4 compared to TWD 0.22 a year ago.
SINGATRON ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of electronic connectors. The Company mainly operates through two business segments. The Connectors Operation segment is mainly engaged in the manufacture and sales of connectors. The Electronic Components segment is mainly engaged in the trading of spare parts of set-top boxes. The Companyâs primary products include signal connectors, power connectors and others. Its products are mainly used in the manufacture of computers, telecommunication products, consumer electronics, industrial electronics, medical appliances, automobiles and mobile phones. The Company mainly distributes its products in Taiwan, the Mainland China and other regions.