Test Research, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
February 24, 2021 at 03:46 pm EST
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Test Research, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 4,950.695 million compared to TWD 4,386.806 million a year ago. Operating income was TWD 1,437.325 million compared to TWD 1,196.514 million a year ago. Net income was TWD 1,092.656 million compared to TWD 938.698 million a year ago. Basic earnings per share was TWD 4.63 compared to TWD 3.97 a year ago. Diluted earnings per share was TWD 4.62 compared to TWD 3.96 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.