Taitien Electronics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 12, 2021
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Taitien Electronics Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was TWD 437.125 million compared to TWD 314.890 million a year ago. Operating income was TWD 23.037 million compared to operating loss of TWD 8.684 million a year ago. Net income was TWD 20.523 million compared to net loss of TWD 6.470 million a year ago. Basic earnings per share was TWD 0.3 compared to basic loss per share of TWD 0.09 a year ago.
TAITIEN ELECTRONICS CO., LTD. is principally engaged in the manufacture and distribution of quartz oscillators and crystal units. The Company's products include crystal units, service mounted device (SMD) crystals, oscillators, SMD oscillators, temperature compensated crystal oscillators (TCXOs), voltage control crystal oscillators (VCXOs), oven controlled crystal oscillators (OCXOs), quartz wafers and blanks, tuning fork crystals, sensor crystals, global positioning system (GPS) clocks, stress compensated (SC)-cut crystal oscillators and testing and production equipment. The Company distributes its products within domestic market and to overseas markets.