Higher Way Electronic Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 14, 2021 at 06:53 pm
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Higher Way Electronic Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 307.347 million compared to TWD 163.336 million a year ago. Operating income was TWD 7.516 million compared to operating loss of TWD 2.109 million a year ago. Net income was TWD 12.545 million compared to net loss of TWD 1.502 million a year ago. Basic earnings per share from continuing operations was TWD 0.38 compared to basic loss per share from continuing operations of TWD 0.04 a year ago. Diluted earnings per share from continuing operations was TWD 0.37 compared to diluted loss per share from continuing operations of TWD 0.04 a year ago.
HIGHER WAY ELECTRONIC CO., LTD. is a Taiwan-based company principally engaged in the design, manufacture and distribution of integrated circuits (ICs). The Company's primary products include multimedia controllers ICs, speech and music ICs, memory devices ICs, liquid crystal display (LCD) controllers ICs, single-chip microcontrollers ICs and optoelectronic devices. The Company's products are mainly used in electronic keyboards, Web cameras, moving picture experts group layer-3 audio (MP3) players, television (TV) games, electronic learning aids (ELAs), electronic books, personal stereos, handheld game machines and electronic dictionaries. The Company mainly distributes its products within the domestic market and to overseas markets.
HIGHER WAY ELECTRONIC CO., LTD. 
