Min Aik Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 09, 2021
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Min Aik Technology Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 1,061.35 million compared to TWD 885.14 million a year ago. Net income was TWD 85.64 million compared to net loss of TWD 66.62 million a year ago. Basic earnings per share from continuing operations was TWD 0.62 compared to basic loss per share from continuing operations of TWD 0.48 a year ago. Diluted earnings per share from continuing operations was TWD 0.62 compared to diluted loss per share from continuing operations of TWD 0.48 a year ago.
For the nine months, sales was TWD 2,902.27 million compared to TWD 2,927.72 million a year ago. Net income was TWD 121.86 million compared to net loss of TWD 187.75 million a year ago. Basic earnings per share from continuing operations was TWD 0.89 compared to basic loss per share from continuing operations of TWD 1.36 a year ago. Diluted earnings per share from continuing operations was TWD 0.88 compared to diluted loss per share from continuing operations of TWD 1.36 a year ago.
MIN AIK TECHNOLOGY Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of hard disk machines and related parts and components. The Company's main products include hard disk drive arm assemblies, voice coil motors (VCMs), hard drive top covers, external hard disk machines, read and write head checks, hard drive parts and others. The Company distributes its products in Asia, Europe and the Americas markets.
MIN AIK TECHNOLOGY CO., LTD. 
