Tai-Tech Advanced Electronics Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 01, 2021 at 06:50 pm
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TAI-TECH Advanced Electronics Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 4,478.004 million compared to TWD 3,351.915 million a year ago. Operating income was TWD 889.534 million compared to TWD 502.115 million a year ago. Net income was TWD 734.671 million compared to TWD 439.416 million a year ago. Basic earnings per share from continuing operations was TWD 8.07 compared to TWD 4.83 a year ago. Diluted earnings per share from continuing operations was TWD 8.01 compared to TWD 4.77 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.
TAI-TECH ADVANCED ELECTRONICS CO., LTD. 
