Hong Tai Electric Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 09, 2021 at 10:06 pm
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Hong Tai Electric Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 1,616.074 million compared to TWD 1,192.189 million a year ago. Operating income was TWD 180.018 million compared to TWD 109.899 million a year ago. Net income was TWD 180.634 million compared to TWD 155.011 million a year ago. Basic earnings per share from continuing operations was TWD 0.57 compared to TWD 0.49 a year ago. For the half year, total revenue was TWD 3,075.241 million compared to TWD 2,357.205 million a year ago. Operating income was TWD 318.378 million compared to TWD 162.827 million a year ago. Net income was TWD 358.932 million compared to TWD 104.129 million a year ago. Basic earnings per share from continuing operations was TWD 1.14 compared to TWD 0.33 a year ago.
HONG TAI ELECTRIC INDUSTRIAL CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of wire and cable products. The products of the Company include power cables, polyvinyl chloride insulated wires and cables, fire-resistant and heat-resistant cables, control cables, termite resistant cables, bare copper wires, rubber wires and cables, flame-retardant cables, prefabricated branch cables, rodent control cables, smart cables, surveillance system products, access control system products, smart home system products, copper foil substrates and adhesive sheets. The Company operates businesses in domestic and overseas markets.