Shian Yih Electronic Industry Co.,Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 10, 2021
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Shian Yih Electronic Industry Co.,Ltd announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 508.631 million compared to TWD 398.295 million a year ago. Operating income was TWD 21.232 million compared to TWD 17.216 million a year ago. Net income was TWD 3.143 million compared to TWD 14.093 million a year ago. Basic earnings per share from continuing operations was TWD 0.05 compared to TWD 0.23 a year ago. For the half year, total revenue was TWD 961.668 million compared to TWD 763.136 million a year ago. Operating income was TWD 25.297 million compared to TWD 14.489 million a year ago. Net income was TWD 9.922 million compared to TWD 15.901 million a year ago. Basic earnings per share from continuing operations was TWD 0.16 compared to TWD 0.26 a year ago.
Shian Yih Electronic Industry Co Ltd is a Taiwan-based company mainly engaged in the manufacture and distribution of light emitting diode (LED) backlight modules. The Company's production model is based on Original Design Manufacturing (ODM) and Original Equipment Manufacturing (OEM). Its products are applied in liquid crystal displays (LCDs), notebook computers, LCD televisions, digital cameras, personal digital assistants (PDAs) and mobile phones, among others. The Company distributes its products primarily in Taiwan and other Asian markets.