Soaring Technology Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 29, 2021 at 03:14 pm EDT
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Soaring Technology Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 531.080 million compared to TWD 571.610 million a year ago. Operating income was TWD 12.189 million compared to TWD 19.590 million a year ago. Net income was TWD 6.809 million compared to TWD 14.768 million a year ago. Basic earnings per share was TWD 0.18 compared to TWD 0.43 a year ago.
SOARING TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the electronic components related businesses. The Companyâs primary businesses include the design, manufacture and distribution of liquid crystal displays (LCDs), computers and peripherals equipment and components, electric vehicles and bicycles. The Companyâs principal products include multimedia audio and video systems, LCD monitors, point of sale (POS) devices, open frame LCD monitors, high brightness products and LCD racks, as well as the components of LCDs. The Company mainly distributes its products within domestic market and to overseas markets, including the United States of America (the USA), Europe and other regions.