Min Aik Precision Industrial Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 16, 2021 at 09:10 pm
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Min Aik Precision Industrial Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was TWD 1,921.700 million compared to TWD 1,797.291 million a year ago. Operating income was TWD 114.066 million compared to TWD 47.780 million a year ago. Net income was TWD 29.987 million compared to TWD 14.160 million a year ago. Basic earnings per share from continuing operations was TWD 0.39 compared to TWD 0.18 a year ago. Diluted earnings per share from continuing operations was TWD 0.39.
Min Aik Precision Industrial Co., Ltd is a Taiwan-based company principally engaged in the manufacture and distribution of electrical components. The Company's products include hard disk drive (HDD) components, other electronic stamping components, plastic components and automated machines, among others. The HDD components include disk clamps, balance weights, covers and others. The other electronic stamping components include heat sinks, heat spreaders, bracket assemblies and stiffeners. The Company distributes its products within domestic market and to overseas markets, including the rest of Asia, the Americas and Europe.