Forward Electronics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 14, 2022 at 03:13 am IST
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Forward Electronics Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 215.52 million compared to TWD 233.12 million a year ago. Net income was TWD 19.07 million compared to TWD 10.9 million a year ago. Basic earnings per share from continuing operations was TWD 0.14 compared to TWD 0.08 a year ago. Diluted earnings per share from continuing operations was TWD 0.14 compared to TWD 0.08 a year ago.
Forward Electronics Co Ltd is a Taiwan-based company principally engaged in the production and sales of optoelectronics products, information appliance peripheral products and electronic components. The Company's optoelectronics products include backlight modules, liquid crystal display (LCD) modules and light emitting diodes (LEDs). The Company's information appliance peripheral products include game consoles, vehicle anti-collision systems, financial terminal systems, computers, wireless sensing devices and others. Its electronic components consist of switches, variable resistors, bit generators, sensors and others. The Company also provides lighting products. The Company distributes its products within domestic market and to overseas markets.