Well Shin Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 10, 2022
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Well Shin Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 1,434.9 million compared to TWD 1,182.82 million a year ago. Net income was TWD 114.23 million compared to TWD 79.2 million a year ago. Basic earnings per share from continuing operations was TWD 0.97 compared to TWD 0.67 a year ago. Diluted earnings per share from continuing operations was TWD 0.96 compared to TWD 0.67 a year ago.
Well Shin Technology Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of power cord sets for electronics, information, motors and appliances. The Companyâs main products include power cord sets for consumer products and electrical appliances, plastic injection parts, sockets, conversion plugs and power supplies. The Company is also involved in the electronics assembly and foundry business. The Company's products are mainly used in computers, home appliances, large servers and electronic and electrical equipment. The Company distributes its products in domestic market and to overseas markets, such as the Americas, the rest of Asia and Europe.