Solteam Electronics Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 11, 2021
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Solteam Electronics Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 1,773.311 million compared to TWD 1,025.304 million a year ago. Operating income was TWD 196.432 million compared to TWD 84.775 million a year ago. Net income was TWD 158.072 million compared to TWD 83.716 million a year ago. Basic earnings per share from continuing operations was TWD 2.27 compared to TWD 1.2 a year ago. Diluted earnings per share from continuing operations was TWD 2.15 compared to TWD 1.2 a year ago. For the half year, sales was TWD 3,410.564 million compared to TWD 1,884.649 million a year ago. Operating income was TWD 383.093 million compared to TWD 100.034 million a year ago. Net income was TWD 311.983 million compared to TWD 95.031 million a year ago. Basic earnings per share from continuing operations was TWD 4.47 compared to TWD 1.36 a year ago. Diluted earnings per share from continuing operations was TWD 4.26 compared to TWD 1.36 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 
