Tai-Tech Advanced Electronics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 04, 2021 at 01:59 pm EDT
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TAI-TECH Advanced Electronics Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 1,374.114 million compared to TWD 876.461 million a year ago. Operating income was TWD 252.234 million compared to TWD 156.607 million a year ago. Net income was TWD 230.912 million compared to TWD 142.604 million a year ago. Basic earnings per share was TWD 2.54 compared to TWD 1.57 a year ago. Diluted earnings per share was TWD 2.53 compared to TWD 1.55 a year ago.
TAI-TECH Advanced Electronics Co., Ltd. is principally engaged in the manufacturing and distribution of electronic components. The Company primarily provides coil components and chip components. Its coil components include precision coil components, including ferrite precision coil inductors, high frequency precision coil ceramic inductors and others, as well as power inductance components. Its chip components include laminated wafer magnetic beads, multilayer chip inductors, laminated wafer type power inductors, low temperature co-fired ceramic (LTCC) radio frequency components and modules. The Company also provides magnetic materials and other inductor components. The Company distributes its products primarily in Asia, Europe and North America.
TAI-TECH ADVANCED ELECTRONICS CO., LTD. 
