Shun on Electronic Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021 at 11:58 am EDT
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Shun On Electronic Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 678.032 million compared to TWD 177.371 million a year ago. Operating loss was TWD 47.779 million compared to TWD 26.071 million a year ago. Net loss was TWD 26.741 million compared to TWD 15.026 million a year ago. Basic loss per share was TWD 0.18 compared to TWD 0.1 a year ago.
SHUN ON ELECTRONIC CO., LTD. is a Taiwan-based company primarily engaged in the manufacture and distribution of conductive membrane and membrane keypad products. The Company mainly operates three business segments, including Conductive Membrane segment, Membrane Keypad segment and Other segment. It provides its customers with computer keyboard conductive membrane, mobile phone keypad and chassis, shrapnel membrane, cell phone keypad module assembly and other types of membrane keypad related products. The Company is also engaged in the development and sales of automotive electronics products, including the design of automotive safety system products, the development of electrochromic rearview mirrors and smart locks for vehicles, aiming to launch whole vehicle electrical and electronic solutions. The Company primarily operates its business in Mainland China.