Transcom, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 05, 2021 at 07:54 pm EDT
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Transcom, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 227.308 million compared to TWD 146.680 million a year ago. Operating income was TWD 80.534 million compared to TWD 18.057 million a year ago. Net income was TWD 61.708 million compared to TWD 14.421 million a year ago. Basic earnings per share was TWD 1.04 compared to TWD 0.27 a year ago. Diluted earnings per share was TWD 1.03 compared to TWD 0.26 a year ago. For the half year, sales was TWD 465.518 million compared to TWD 288.297 million a year ago. Operating income was TWD 165.094 million compared to TWD 58.167 million a year ago. Net income was TWD 128.702 million compared to TWD 48.650 million a year ago. Basic earnings per share was TWD 2.16 compared to TWD 0.9 a year ago. Diluted earnings per share was TWD 2.14 compared to TWD 0.89 a year ago.
Transcom, Inc. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of microwave semiconductor components, integrated circuits and sub-systems. The Company's main products include microwave amplifiers and modules, gallium arsenide low noise and power components, solid state power amplifiers and modules, microwave sub-system products and others. The Company's products are mainly used in mobile phones, wireless local area networks, point-to-point wireless communications, satellite communications, wireless surveillance devices and military applications. The Company distributes its products in domestic market and to overseas markets, including the rest of Asia, the Americas, Europe and others.