TAI-TECH Advanced Electronics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022
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TAI-TECH Advanced Electronics Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 1,473.67 million compared to TWD 1,374.11 million a year ago. Net income was TWD 306 million compared to TWD 230.91 million a year ago. Basic earnings per share from continuing operations was TWD 2.97 compared to TWD 2.54 a year ago. Diluted earnings per share from continuing operations was TWD 2.95 compared to TWD 2.53 a year ago.
TAI-TECH Advanced Electronics Co., Ltd. is principally engaged in the manufacturing and distribution of electronic components. The Company primarily provides coil components and chip components. Its coil components include precision coil components, including ferrite precision coil inductors, high frequency precision coil ceramic inductors and others, as well as power inductance components. Its chip components include laminated wafer magnetic beads, multilayer chip inductors, laminated wafer type power inductors, low temperature co-fired ceramic (LTCC) radio frequency components and modules. The Company also provides magnetic materials and other inductor components. The Company distributes its products primarily in Asia, Europe and North America.