Tatung Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 15, 2021
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Tatung Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 7,408.737 million compared to TWD 7,655.033 million a year ago. Operating income was TWD 439.124 million compared to operating loss of TWD 231.207 million a year ago. Net income was TWD 827.330 million compared to net loss of TWD 168.232 million a year ago. Basic earnings per share from continuing operations was TWD 0.35 compared to basic loss per share from continuing operations of TWD 0.08 a year ago. For the half year, total revenue was TWD 13,976.826 million compared to TWD 16,738.944 million a year ago. Operating income was TWD 406.754 million compared to TWD 184.237 million a year ago. Net income was TWD 526.492 million compared to TWD 175.068 million a year ago. Basic earnings per share from continuing operations was TWD 0.23 compared to TWD 0.07 a year ago.
Tatung Co is a Taiwan-based company mainly engaged in the manufacture and sale of electronic and electrical products. The Company operates through four segments. The Optical segment is engaged in the development, manufacture and sale of thin-film transistor (TFT) large-size panels, small and medium-sized panels such as smartphones, tablet computers, car panels and touch panels. The Mechanical and Electrical Energy segment is engaged in the development, manufacture and sale of smart grids, smart meters, solar photovoltaics, light-emitting diode lighting, motors, electromechanical and energy management systems. The Consumer Products segment is engaged in the development, manufacture and sale of digital TVs, flat panel displays, digital media equipment, digital audio-visual, and home appliance products. The Other segment is engaged in other businesses.