Corporate News
2021/05/07
Sercomm Announces 1Q 2021 Financial Results
Taipei, Taiwan, 7th May 2020- Sercomm Corporation (TWSE: 5388), a leading manufacturer of telecom and broadband equipment today announced financial results for the first quarter of year 2021.
On consolidated basis, net sales for the first quarter of year 2021 was NT$9.6 billion, which represents a 41% increase over NT$6.8 billion for 1Q'20. Operating profit for 1Q’21 was NT$174 million, which represents a 61% year-over-year increase compared to NT$108 million for the same period last year. Net income attributable to owners of the parent for 1Q’21 were NT$139 million, which also represents a 60% increase compared to NT$87 million for the 1Q 2020. Based on 250 million weighted average shares, earnings per share (EPS) were reported as NT$0.56 for the 1st quarter of 2021.
