Chieftek Precision Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 04, 2021 at 03:57 pm EDT
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Chieftek Precision Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 489.769 million compared to TWD 391.285 million a year ago. Operating income was TWD 126.695 million compared to TWD 77.342 million a year ago. Net income was TWD 83.256 million compared to TWD 54.233 million a year ago. Basic earnings per share was TWD 1.03 compared to TWD 0.67 a year ago. For the half year, sales was TWD 908.423 million compared to TWD 681.775 million a year ago. Operating income was TWD 221.811 million compared to TWD 128.510 million a year ago. Net income was TWD 149.735 million compared to TWD 98.157 million a year ago. Basic earnings per share was TWD 1.85 compared to TWD 1.21 a year ago.
CHIEFTEK PRECISION Co., LTD. is a Taiwan-based company principally engaged in research, development, manufacture and sales of slide rails and motors. The Company's main products include miniature linear slides, standard linear slides, linear motors, micro and standard linear modules and optoelectronic and semiconductor process equipment. The Company's products are mainly used in automation equipment, machine tools, semiconductors, liquid crystal display (LCD) panels and solar cells, electronic products, medical and biotech products, optical instruments, aerospace and national defense, as well as general machinery. The Company distributes its products in domestic market and to overseas markets, such as the rest of Asia, Europe and the Americas.