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Weltrend Reports Second Quarter EPS of NT$0.23
2017-08-09
Hsinchu, Taiwan, August 9, 2017 – Weltrend Semiconductor (TAIEX: 2436) today announced financial results for the quarter ended June 30, 2017 with consolidated revenue of NT$ 560 million, net income of NT$ 51.15 million, and diluted earnings per share of NT$0.23. |
Year-over-year, second quarter revenue increased 14.3%, net income increased 84.3%, while diluted EPS increased 76.9%. Compare to first quarter 2017, revenue increased 13.1%, net income increased 1142.2%, and diluted EPS increased 1050%. All figures were prepared in accordance with TIFRS on a consolidated basis. |
Gross margin for the quarter was 25%, operating margin was 3%, and net profit margin was 9%. |
Further details on the results are available at: http://www.weltrend.com.tw/en-global/investor/index/19/22 |
About Weltrend Semiconductor Inc. |
Founded in 1989 in the "Silicon Valley of Taiwan", the Science-Based Industrial Park (SBIP) in Hsinchu, Weltrend (TAIEX: 2436) is a leading fabless semiconductor company, also known as IC design house, specializing in the planning, design, testing, application development and distribution of mixed-signal/digital IC products across multiple applications. For more information, please visit www.weltrend.com. |