Jhen Vei Electronic Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 10, 2021 at 05:35 pm EDT
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Jhen Vei Electronic Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 262.118 million compared to TWD 272.613 million a year ago. Operating income was TWD 4.252 million compared to TWD 10.275 million a year ago. Net loss was TWD 2.221 million compared to net income of TWD 8.064 million a year ago. Basic loss per share from continuing operations was TWD 0.05 compared to basic earnings per share from continuing operations of TWD 0.17 a year ago. For the half year, sales was TWD 480.174 million compared to TWD 403.886 million a year ago. Operating loss was TWD 7.168 million compared to operating Income of TWD 1.730 million a year ago. Net loss was TWD 13.424 million compared to net income of TWD 3.836 million a year ago. Basic loss per share from continuing operations was TWD 0.27 compared to basic earnings per share from continuing operations of TWD 0.09 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.