Sea Sonic Electronics Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 24, 2021 at 02:58 am IST
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Sea Sonic Electronics Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 3,891.875 million compared to TWD 2,241.902 million a year ago. Operating income was TWD 878.676 million compared to TWD 381.817 million a year ago. Net income was TWD 611.132 million compared to TWD 295.505 million a year ago. Basic earnings per share from continuing operations was TWD 7.64 compared to TWD 3.7 a year ago. Diluted earnings per share from continuing operations was TWD 7.61 compared to TWD 3.67 a year ago.
Sea Sonic Electronics Co., Ltd. is principally engaged in the development, design, research, manufacture and distribution of switching power supplies (SPSs). The Company operates its businesses through personal computer segment, which provides ATX12V series, TFX12V series, industrial computer mini 1U series and industrial computer 1U/2U series, among others, as well as non-PC segment, which offers open frame series and desktop adapters. Its products are applied primarily in desktops, servers and communication network mainframes, among others. The Company distributes its products mainly to overseas markets.