Jhen Vei Electronic Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 12, 2022
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Jhen Vei Electronic Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 242.02 million compared to TWD 114.69 million a year ago. Net income was TWD 61.68 million compared to net loss of TWD 11.2 million a year ago. Basic earnings per share from continuing operations was TWD 0.83 compared to basic loss per share from continuing operations of TWD 0.25 a year ago. Diluted earnings per share from continuing operations was TWD 0.83 compared to diluted loss per share from continuing operations of TWD 0.25 a year ago. Basic earnings per share was TWD 0.9 compared to basic loss per share of TWD 0.23 a year ago. Diluted earnings per share was TWD 0.9 compared to diluted loss per share of TWD 0.23 a year ago.
Jhen Vei Electronic Co Ltd is a Taiwan-based company mainly engaged in the production, manufacture, and sale of electronic components. The electronic components are used in consumer electronics, industrial electronics, medical and automotive products. The Company provides electronic components back-end processing services, including surface mount technology (SMT), dual in line package (DIP), coating, assembly, testing and packaging services. The Company also provides system integration services for solar power plant sales and power plant construction and long-term maintenance. The company distributes its products in Taiwan and other Asian markets.