Taiwan Line Tek Electronic Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 15, 2021
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Taiwan Line Tek Electronic Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 1,277.277 million compared to TWD 1,297.854 million a year ago. Operating loss was TWD 33.380 million compared to operating Income of TWD 78.946 million a year ago. Net income was TWD 161.626 million compared to TWD 97.382 million a year ago. Basic earnings per share was TWD 1.14 compared to TWD 0.68 a year ago. For the half year, sales was TWD 2,354.305 million compared to TWD 1,998.309 million a year ago. Operating loss was TWD 132.200 million compared to operating Income of TWD 49.173 million a year ago. Net income was TWD 118.888 million compared to TWD 65.069 million a year ago. Basic earnings per share was TWD 0.84 compared to TWD 0.46 a year ago.
TAIWAN LINE TEK ELECTRONIC CO., LTD is a Taiwan-based company principally engaged in the manufacture, processing and distribution of power cords and connecting cables. The Company provides power cords for computers and electrical appliances, as well as connecting cables for information peripheral products and telecommunication equipment. Its products are applied in household electrical appliances, computers, communication devices, consumer electronic products, information peripheral products and others. The Company distributes its products principally in Asia, the Americas and Europe.