Test Research, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 05, 2021 at 02:57 pm EDT
Share
Test Research, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 1,347.772 million compared to TWD 1,162.501 million a year ago. Operating income was TWD 386.525 million compared to TWD 318.620 million a year ago. Net income was TWD 295.592 million compared to TWD 270.151 million a year ago. Basic earnings per share was TWD 1.25 compared to TWD 1.14 a year ago.
Test Research, Inc. is a Taiwan-based company principally engaged in the manufacture and distribution of circuit board testing equipment. The Company mainly operates through two business segments. The Circuit Boards Testing Equipment segment is mainly engaged in the manufacturing of circuit board testing equipment. The Semiconductors Testing Equipment segment is engaged in the manufacturing of testing equipment for chips and end products. The Company is also engaged in the provision of labor services. The Company mainly distributes its products in domestic market and overseas markets, including the Peopleâs Republic of China (the PRC), the United States of America (the USA) and other countries and regions.