Taitien Electronics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 10, 2022
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Taitien Electronics Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 595.03 million compared to TWD 437.13 million a year ago. Revenue was TWD 595.03 million compared to TWD 437.13 million a year ago. Net income was TWD 86.83 million compared to TWD 20.52 million a year ago. Basic earnings per share from continuing operations was TWD 1.27 compared to TWD 0.3 a year ago. Diluted earnings per share from continuing operations was TWD 1.26 compared to TWD 0.3 a year ago.
TAITIEN ELECTRONICS CO., LTD. is principally engaged in the manufacture and distribution of quartz oscillators and crystal units. The Company's products include crystal units, service mounted device (SMD) crystals, oscillators, SMD oscillators, temperature compensated crystal oscillators (TCXOs), voltage control crystal oscillators (VCXOs), oven controlled crystal oscillators (OCXOs), quartz wafers and blanks, tuning fork crystals, sensor crystals, global positioning system (GPS) clocks, stress compensated (SC)-cut crystal oscillators and testing and production equipment. The Company distributes its products within domestic market and to overseas markets.