Channel Well Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 09, 2021 at 04:48 pm EDT
Share
Channel Well Technology Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 2,723.004 million compared to TWD 921.415 million a year ago. Operating income was TWD 362.988 million compared to TWD 87.898 million a year ago. Net income was TWD 303.230 million compared to TWD 89.136 million a year ago. Basic earnings per share was TWD 1.33 compared to TWD 0.39 a year ago. Diluted earnings per share was TWD 1.32 compared to TWD 0.39 a year ago.
Channel Well Technology Co., Ltd. is a Taiwan-based company principally engaged in the research, development, manufacture, processing and trading of power supplies. The Companyâs primary products include power supplies for consulting products and industrial devices, external power supplies, personal computer (PC) power, chargers and other power-related downstream products, as well as computers, communication and consumer electronic (3C) related products. Its products are mainly used in computer peripherals, network equipment, communication products, industrial equipment and consumer electronic products, among others. The Company mainly exports its products to Asia, the Americas, Europe and other markets.