Wanshih Electronic Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021
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Wanshih Electronic Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 488.700 million compared to TWD 292.173 million a year ago. Operating income was TWD 944,000 compared to operating loss of TWD 18.306 million a year ago. Net income was TWD 4.968 million compared to net loss of TWD 11.400 million a year ago. Basic earnings per share was TWD 0.07 compared to basic loss per share of TWD 0.17 a year ago.
WanShih Electronic Co., Ltd. is a Taiwan-based company principally engaged in the development, manufacture and sales of cables for information and communication devices. The Companyâs primary products include the internal and external coaxial cable assemblies and antennas of information and communication products. Its products are mainly used in the notebook computers, liquid crystal display (LCD) televisions, mobile phones, personal digital assistants (PDAs), desktop computers, industrial computers, digital versatile disc (DVD) players, digital video recorders and wireless communications equipment. The Company operates through two business segments. The Taiwan Market segment is mainly engaged in the research, development and sales businesses. The Mainland China segment is mainly engaged in the manufacture and sales businesses. The Companyâs products are mainly exported to Asia, the Americas and Europe.
WANSHIH ELECTRONIC CO., LTD. 
