Corporate News
2021/08/11
Sercomm Announces 2Q 2021 Financial Results
Taipei, Taiwan, 11th August 2021 - Sercomm Corporation (TWSE: 5388), a leading manufacturer of telecom and broadband equipment today announced financial results for the second quarter of year 2021.
Consolidated net sales for the second quarter of year 2021 were NT$10 billion, which represents a 4% quarter-over-quarter increase compared to NT$9.6 billion for 1Q 2021. Operating profit for 2Q’21 was $194 million, which represents a 12% quarter-over-quarter increase over NT$174 million for the first quarter of year 2021. Net income attributable to owners of parent for 2Q’21 were NT$165 million, which represents a 19% increase compared to NT$139 million for the 1Q 2021. Based on 250 million weighted average shares, EPS were reported as NT$0.66 for the 2nd quarter of year 2021.
On consolidated basis, net sales for the first half of year 2021 were reported as NT$19.6 billion, which represents a 22% year-over-year increase over NT$16.1 billion for the first half of year 2020. Operating profit and net income attributable to owners of parent for the 1H’21 were NT$369 million and NT$305 million, respectively. Based on 250 million weighted average shares, earnings per share (EPS) for the first half of year 2021 were reported as NT$1.22.
