Taiwan Chinsan Electronic Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 14, 2021 at 10:19 am EDT
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Taiwan Chinsan Electronic Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 1,055.298 million compared to TWD 948.828 million a year ago. Operating income was TWD 37.188 million compared to TWD 73.277 million a year ago. Net income was TWD 39.495 million compared to TWD 58.539 million a year ago. Basic earnings per share from continuing operations was TWD 0.31 compared to TWD 0.47 a year ago. For the half year, sales was TWD 2,035.237 million compared to TWD 1,659.382 million a year ago. Operating income was TWD 49.988 million compared to TWD 68.637 million a year ago. Net income was TWD 46.574 million compared to TWD 14.054 million a year ago. Basic earnings per share from continuing operations was TWD 0.37 compared to TWD 0.11 a year ago.
TAIWAN CHINSAN ELECTRONIC INDUSTRIAL CO., LTD is a Taiwan-based company principally engaged in the manufacture, processing and sales of capacitors for aluminum electrolytic capacitors and solid electrolytic capacitors. The Company is mainly engaged in the provision of aluminum electrolytic capacitors, including standard products, mini-size products, large-size products, low impedance products, specialty products and solid capacitors. The Companyâs products are primarily applied in the manufacture of personal computers (PCs), notebook computers, television (TV) sets, office machines, household electrical appliances, communication products, power converters, lightening systems, electric power devices, air-conditioning systems, transmission belts, elevators, textile machines, welding machines and others.