Taitien Electronics Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 11, 2021
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Taitien Electronics Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 546.087 million compared to TWD 418.348 million a year ago. Operating income was TWD 63.189 million compared to TWD 13.495 million a year ago. Net income was TWD 48.727 million compared to TWD 7.398 million a year ago. Basic earnings per share from continuing operations was TWD 0.71 compared to TWD 0.1 a year ago. For the half year, total revenue was TWD 983.212 million compared to TWD 733.238 million a year ago. Operating income was TWD 86.226 million compared to TWD 4.811 million a year ago. Net income was TWD 69.250 million compared to TWD 928,000 a year ago. Basic earnings per share from continuing operations was TWD 1.01 compared to TWD 0.01 a year ago.
TAITIEN ELECTRONICS CO., LTD. is principally engaged in the manufacture and distribution of quartz oscillators and crystal units. The Company's products include crystal units, service mounted device (SMD) crystals, oscillators, SMD oscillators, temperature compensated crystal oscillators (TCXOs), voltage control crystal oscillators (VCXOs), oven controlled crystal oscillators (OCXOs), quartz wafers and blanks, tuning fork crystals, sensor crystals, global positioning system (GPS) clocks, stress compensated (SC)-cut crystal oscillators and testing and production equipment. The Company distributes its products within domestic market and to overseas markets.