Walton Advanced Engineering, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 12, 2021
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Walton Advanced Engineering, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was TWD 1,405.895 million compared to TWD 1,568.693 million a year ago. Operating loss was TWD 53.159 million compared to TWD 24.410 million a year ago. Net income was TWD 31.680 million compared to net loss of TWD 132.921 million a year ago. Basic earnings per share from continuing operations was TWD 0.06 compared to basic loss per share from continuing operations of TWD 0.27 a year ago.
WALTON ADVANCED ENGINEERING, INC. is a Taiwan-based company principally engaged in the packaging and testing business. The Company mainly provides assembly and testing services. The Company provides thin small-outline package (TSOP) integrated circuits (ICs), ball grid array (BGA) ICs, multi-chip stacking package (MCP), chip scale package (CSP) and trench BGA, flash memory products, micro-secure digital (SD) cards, memory modules, universal serial bus (USB), three dimensional (3D) stack up products and package on package (POP) products, among others. The Company distributes its products within domestic market and to overseas markets.