Leatec Fine Ceramics Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 13, 2021 at 07:06 pm EDT
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LEATEC Fine Ceramics Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 270.838 million compared to TWD 231.969 million a year ago. Operating income was TWD 38.950 million compared to TWD 26.238 million a year ago. Net income was TWD 19.656 million compared to net loss of TWD 4.942 million a year ago. Basic earnings per share from continuing operations was TWD 0.18 compared to basic loss per share from continuing operations of TWD 0.05 a year ago. For the half year, sales was TWD 512.671 million compared to TWD 415.207 million a year ago. Operating income was TWD 58.614 million compared to TWD 12.842 million a year ago. Net income was TWD 28.923 million compared to net loss of TWD 31.892 million a year ago. Basic earnings per share from continuing operations was TWD 0.27 compared to basic loss per share from continuing operations of TWD 0.3 a year ago.
Leatec Fine Ceramics Co Ltd is a Taiwan-based company principally engaged in the design, manufacture, processing and trading of alumina ceramic substrates. The primary products include ceramic substrates for chip exclusion, ceramic substrates for chip resistors, ceramic substrates for hybrid integrated circuits, laser resistors, polished substrates, solar junction boxes, solar connectors, among others. The Company operates through two business segments. The Precision Ceramics segment is principally engaged in the production and sale of ceramic substrates. The Optoelectronic segment is principally engaged in the production and sale of solar connectors. The Company mainly distributes its products in Asia, America, Europe, among others.