Tung Thih Electronic Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 06, 2021
Share
Tung Thih Electronic Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 1,905.477 million compared to TWD 1,403.268 million a year ago. Operating income was TWD 100.250 million compared to operating loss of TWD 11.096 million a year ago. Net income was TWD 100.032 million compared to net loss of TWD 17.484 million a year ago. Basic earnings per share was TWD 1.17 compared to basic loss per share of TWD 0.2 a year ago. For the half year, sales was TWD 4,058.061 million compared to TWD 2,461.738 million a year ago. Operating income was TWD 315.194 million compared to operating loss of TWD 116.073 million a year ago. Net income was TWD 277.972 million compared to net loss of TWD 116.623 million a year ago. Basic earnings per share was TWD 3.25 compared to basic loss per share of TWD 1.36 a year ago.
Tung Thih Electronic Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of automobile electronic products and components. The Company's products include ultrasonic car auxiliary systems, vehicle alarms, door locked actuators, multi-function display indoor rear-view mirror systems, vehicle imaging systems, wireless tire pressure detection systems and body control modules (BCMs). The Company distributes its products within domestic market and to overseas markets, including the rest of Asia, Americas and Europe.