Rechi Precision Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 06, 2021 at 10:43 pm IST
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Rechi Precision Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was TWD 5,830.124 million compared to TWD 4,239.579 million a year ago. Operating income was TWD 199.049 million compared to TWD 188.180 million a year ago. Net income was TWD 136.488 million compared to TWD 137.712 million a year ago. Basic earnings per share was TWD 0.27 compared to TWD 0.27 a year ago.
RECHI PRECISION CO., LTD. is a Taiwan-based company principally engaged in the research and development, manufacture and distribution of compressors. The Companyâs primary products include rotary compressors and relevant pump sets, direct current variable-frequency controllers, motors and hot water equipment for commercial and residential purposes. The Companyâs products are mainly used in the manufacture of air conditioners, water heaters, dehumidifiers and cloth dryers, among others. The Company mainly operates through three business segments: compressors business segment, motors business segment and pumps business segment. The Company mainly distributes its products in domestic market and overseas markets, including the Mainland China, Thailand, Poland and others.
RECHI PRECISION CO., LTD. 
