Allied Circuit Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021 at 06:58 pm
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Allied Circuit Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 648.485 million compared to TWD 739.511 million a year ago. Operating income was TWD 112.750 million compared to TWD 175.446 million a year ago. Net income was TWD 92.544 million compared to TWD 145.486 million a year ago. Basic earnings per share was TWD 1.86 compared to TWD 2.92 a year ago. Diluted earnings per share was TWD 1.85 compared to TWD 2.91 a year ago.
Allied Circuit Co Ltd is principally engaged in the manufacture and distribution of printed circuit boards (PCBs). The Company primarily provides multi-layer PCBs and high density interconnect (HDI) boards. The Company's double-sided PCBs are mainly used in terminals, fax machines, computer peripheral equipment, industrial instruments and general communications equipment, among others. Its multi-layer PCBs are mainly applied in computer and related peripherals, consumer electronics, data storage devices, servers, computer workstations, precise testers, communications equipment, industrial control instruments and medical devices, among others. The Company mainly distributes its products to domestic and Asia market.