Thinking Electronic Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 10, 2021 at 02:49 pm IST
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Thinking Electronic Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 1,960.452 million compared to TWD 1,498.545 million a year ago. Operating income was TWD 625.856 million compared to TWD 478.706 million a year ago. Net income was TWD 434.768 million compared to TWD 338.096 million a year ago. Basic earnings per share from continuing operations was TWD 3.39 compared to TWD 2.64 a year ago. Diluted earnings per share from continuing operations was TWD 3.38 compared to TWD 2.63 a year ago. For the half year, sales was TWD 3,719.319 million compared to TWD 2,594.287 million a year ago. Operating income was TWD 1,153.761 million compared to TWD 720.520 million a year ago. Net income was TWD 841.842 million compared to TWD 537.790 million a year ago. Basic earnings per share from continuing operations was TWD 6.57 compared to TWD 4.2 a year ago. Diluted earnings per share from continuing operations was TWD 6.55 compared to TWD 4.18 a year ago.
THINKING ELECTRONIC INDUSTRIAL CO., LTD is a Taiwan-based company principally engaged in the manufacture, processing and distribution of thermistors and pressure sensitive resistors. The Company provides thermistors, which are applied in the manufacture of power supplies, power motors, transformers, instruments, television sets, radios, transistors, automobiles, refrigerators, mobile phones and chargers, among others, as well as pressure sensitive resistors, which are applied in the manufacture of protection integrated circuits (ICs), diodes, transistors, consumer electronic products, communication products, measuring and controlling electronics, wireless telephones, notebook computers and receivers, among others. The Company distributes its products within domestic market and to overseas markets.