Sea Sonic Electronics Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 09, 2021
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Sea Sonic Electronics 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 1,258.12 million compared to TWD 1,047.92 million a year ago. Net income was TWD 183.78 million compared to TWD 186.86 million a year ago. Basic earnings per share from continuing operations was TWD 2.29 compared to TWD 2.34 a year ago. Diluted earnings per share from continuing operations was TWD 2.13 compared to TWD 2.33 a year ago.
For the nine months, sales was TWD 3,927.62 million compared to TWD 2,567.94 million a year ago. Net income was TWD 645.55 million compared to TWD 431.3 million a year ago. Basic earnings per share from continuing operations was TWD 8.07 compared to TWD 5.39 a year ago. Diluted earnings per share from continuing operations was TWD 7.46 compared to TWD 5.37 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.