Solteam Electronics Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 29, 2021 at 01:44 pm EDT
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Solteam Electronics Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 4,657.737 million compared to TWD 4,245.968 million a year ago. Operating income was TWD 431.974 million compared to TWD 194.917 million a year ago. Net income was TWD 362.456 million compared to TWD 153.788 million a year ago. Basic earnings per share was TWD 5.2 compared to TWD 2.21 a year ago. Diluted earnings per share was TWD 5.15 compared to TWD 2.19 a year ago.
Solteam Inc is a Taiwan-based company mainly engaged in the development, manufacture and sale of electronic control devices and frequency conversion controllers. The Company's main products are electronic control devices and frequency conversion controllers. Electronic control devices are mainly used in televisions, tablet computers, notebook computers, mobile phones and digital cameras, game consoles, white goods, electric hand tool products, automobiles and other industrial products. Frequency conversion controllers are mainly used in white goods, electric hand tools, high-voltage connector products which applied to steam locomotives and energy storage industries and other industrial applications. The company distributes its products in domestic and overseas markets.
SOLTEAM INCORPORATION 
