Taiwan Line Tek Electronic Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 12, 2022
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Taiwan Line Tek Electronic Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 1,158.44 million compared to TWD 1,077.03 million a year ago. Net income was TWD 42.91 million compared to net loss of TWD 42.74 million a year ago. Basic earnings per share from continuing operations was TWD 0.3 compared to basic loss per share from continuing operations of TWD 0.3 a year ago. Diluted earnings per share from continuing operations was TWD 0.3 compared to diluted loss per share from continuing operations of TWD 0.3 a year ago. Basic earnings per share was TWD 0.3 compared to basic loss per share of TWD 0.3 a year ago. Diluted earnings per share was TWD 0.3 compared to diluted loss per share of TWD 0.3 a year ago.
TAIWAN LINE TEK ELECTRONIC CO., LTD is a Taiwan-based company principally engaged in the manufacture, processing and distribution of power cords and connecting cables. The Company provides power cords for computers and electrical appliances, as well as connecting cables for information peripheral products and telecommunication equipment. Its products are applied in household electrical appliances, computers, communication devices, consumer electronic products, information peripheral products and others. The Company distributes its products principally in Asia, the Americas and Europe.