Tatung Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 16, 2021 at 04:32 pm EDT
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Tatung Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was TWD 6,568.089 million compared to TWD 9,083.911 million a year ago. Operating loss was TWD 32.370 million compared to operating Income of TWD 415.444 million a year ago. Net loss was TWD 300.838 million compared to net income of TWD 343.300 million a year ago. Basic loss per share was TWD 0.13 compared to basic earnings per share of TWD 0.15 a year ago.
Tatung Co is a Taiwan-based company mainly engaged in the manufacture and sale of electronic and electrical products. The Company operates through four segments. The Optical segment is engaged in the development, manufacture and sale of thin-film transistor (TFT) large-size panels, small and medium-sized panels such as smartphones, tablet computers, car panels and touch panels. The Mechanical and Electrical Energy segment is engaged in the development, manufacture and sale of smart grids, smart meters, solar photovoltaics, light-emitting diode lighting, motors, electromechanical and energy management systems. The Consumer Products segment is engaged in the development, manufacture and sale of digital TVs, flat panel displays, digital media equipment, digital audio-visual, and home appliance products. The Other segment is engaged in other businesses.