Sea Sonic Electronics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 11, 2021
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Sea Sonic Electronics Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 1,317.557 million compared to TWD 631.477 million a year ago. Operating income was TWD 305.430 million compared to TWD 148.905 million a year ago. Net income was TWD 237.382 million compared to TWD 113.795 million a year ago. Basic earnings per share from continuing operations was TWD 2.97 compared to TWD 1.42 a year ago. Diluted earnings per share from continuing operations was TWD 2.96 compared to TWD 1.42 a year ago.
Sea Sonic Electronics Co., Ltd. is principally engaged in the development, design, research, manufacture and distribution of switching power supplies (SPSs). The Company operates its businesses through personal computer segment, which provides ATX12V series, TFX12V series, industrial computer mini 1U series and industrial computer 1U/2U series, among others, as well as non-PC segment, which offers open frame series and desktop adapters. Its products are applied primarily in desktops, servers and communication network mainframes, among others. The Company distributes its products mainly to overseas markets.