Young Fast Optoelectronics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 11, 2021
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Young Fast Optoelectronics Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 337.229 million compared to TWD 116.509 million a year ago. Operating income was TWD 22.859 million compared to operating loss of TWD 33.000 million a year ago. Net income was TWD 27.878 million compared to net loss of TWD 7.132 million a year ago. Basic earnings per share was TWD 0.19 compared to basic loss per share of TWD 0.05 a year ago.
Young Fast Optoelectronics Co., Ltd is principally engaged in the development, design, manufacture and distribution of touch panels and others. The Company operates its business through two segments: Optoelectronic segment and Mechanical and Electronic segment. The Optoelectronic segment provides projection capacitive touch panels and four-wire resistance touch panels. The Mechanical and Electronic segment provides 69- and 161-kilovolt (KV) connection boxes, 69- and 161-KV terminal boxes and 69- and 161-KV power cable protection equipment. Its touch panels are applied in manufacture of smart phones, mobile phones, personal navigation devices and other consumer electronics. The Company distributes its products within domestic market and to overseas markets.
YOUNG FAST OPTOELECTRONICS CO., LTD. 
