Tech Semiconductors Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 23, 2021 at 07:18 am EDT
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Tech Semiconductors Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 72.639 million compared to CNY 35.203 million a year ago. Operating income was CNY 19.189 million compared to CNY 888,113.34 a year ago. Net income was CNY 16.329 million compared to net loss of CNY 70,123.46 a year ago. Basic earnings per share from continuing operations was CNY 0.0766 compared to basic loss per share from continuing operations of CNY 0.0003 a year ago.
TECH SEMICONDUCTORS CO., LTD is a China-based company mainly engaged in research, development, manufacturing and sales of power semiconductor chips and devices. The Company's main products include power thyristors, rectifiers, insulated gate bipolar transistor (IGBT), power semiconductor modules and other power semiconductor devices for industrial electrical control and power supply equipment. The company is also engaged in pan-cultural business, focusing on Internet film production and investment. The Company conducts its businesses in domestic and overseas markets.
TECH SEMICONDUCTORS CO., LTD. 
