Tai-Tech Advanced Electronics Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 10, 2021
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TAI-TECH Advanced Electronics Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 1,584.335 million compared to TWD 1,162.486 million a year ago. Operating income was TWD 360.261 million compared to TWD 255.869 million a year ago. Net income was TWD 344.598 million compared to TWD 230.626 million a year ago. Basic earnings per share was TWD 3.48 compared to TWD 2.53 a year ago. Diluted earnings per share was TWD 3.47 compared to TWD 2.52 a year ago. For the half year, sales was TWD 2,958.449 million compared to TWD 2,038.947 million a year ago. Operating income was TWD 612.495 million compared to TWD 412.476 million a year ago. Net income was TWD 575.510 million compared to TWD 373.230 million a year ago. Basic earnings per share was TWD 6.06 compared to TWD 4.1 a year ago. Diluted earnings per share was TWD 6.03 compared to TWD 4.06 a year ago.
TAI-TECH Advanced Electronics Co., Ltd. is principally engaged in the manufacturing and distribution of electronic components. The Company primarily provides coil components and chip components. Its coil components include precision coil components, including ferrite precision coil inductors, high frequency precision coil ceramic inductors and others, as well as power inductance components. Its chip components include laminated wafer magnetic beads, multilayer chip inductors, laminated wafer type power inductors, low temperature co-fired ceramic (LTCC) radio frequency components and modules. The Company also provides magnetic materials and other inductor components. The Company distributes its products primarily in Asia, Europe and North America.
TAI-TECH ADVANCED ELECTRONICS CO., LTD. 
