Taitien Electronics Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 10, 2022
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Taitien Electronics Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 634.75 million compared to TWD 546.09 million a year ago. Revenue was TWD 634.75 million compared to TWD 546.09 million a year ago. Net income was TWD 118.51 million compared to TWD 48.73 million a year ago. Basic earnings per share from continuing operations was TWD 1.73 compared to TWD 0.71 a year ago. Diluted earnings per share from continuing operations was TWD 1.72 compared to TWD 0.71 a year ago.
For the six months, sales was TWD 1,229.77 million compared to TWD 983.21 million a year ago. Revenue was TWD 1,229.77 million compared to TWD 983.21 million a year ago. Net income was TWD 205.33 million compared to TWD 69.25 million a year ago. Basic earnings per share from continuing operations was TWD 3 compared to TWD 1.01 a year ago. Diluted earnings per share from continuing operations was TWD 2.97 compared to TWD 1.01 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.