Tung Thih Electronic Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 30, 2021 at 11:54 am EDT
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Tung Thih Electronic Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 7,091.502 million compared to TWD 7,260.042 million a year ago. Operating income was TWD 150.717 million compared to operating loss of TWD 204.139 million a year ago. Net income was TWD 279.009 million compared to net loss of TWD 191.161 million a year ago. Basic earnings per share from continuing operations was TWD 3.26 compared to basic loss per share from continuing operations of TWD 2.23 a year ago.
Tung Thih Electronic Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of automobile electronic products and components. The Company's products include ultrasonic car auxiliary systems, vehicle alarms, door locked actuators, multi-function display indoor rear-view mirror systems, vehicle imaging systems, wireless tire pressure detection systems and body control modules (BCMs). The Company distributes its products within domestic market and to overseas markets, including the rest of Asia, Americas and Europe.