Wanshih Electronic Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 21, 2021 at 07:48 pm EDT
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Wanshih Electronic Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 1,570.513 million compared to TWD 1,440.783 million a year ago. Operating loss was TWD 23.938 million compared to TWD 64.029 million a year ago. Net income was TWD 29.617 million compared to TWD 7.437 million a year ago. Basic earnings per share was TWD 0.32 compared to TWD 0.08 a year ago.
WanShih Electronic Co., Ltd. is a Taiwan-based company principally engaged in the development, manufacture and sales of cables for information and communication devices. The Companyâs primary products include the internal and external coaxial cable assemblies and antennas of information and communication products. Its products are mainly used in the notebook computers, liquid crystal display (LCD) televisions, mobile phones, personal digital assistants (PDAs), desktop computers, industrial computers, digital versatile disc (DVD) players, digital video recorders and wireless communications equipment. The Company operates through two business segments. The Taiwan Market segment is mainly engaged in the research, development and sales businesses. The Mainland China segment is mainly engaged in the manufacture and sales businesses. The Companyâs products are mainly exported to Asia, the Americas and Europe.
WANSHIH ELECTRONIC CO., LTD. 
