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Weltrend Reports 2018 Consolidated Financial Statements
2019-03-15
Hsinchu, Taiwan, March 15, 2019 – Weltrend Semiconductor (TWSE: 2436) today announced financial results for 2018 with consolidated revenue of NT$2.56 billion, net income of NT$176.27 million, and diluted earnings per share of NT$0.86. |
Compare to 2017, 2018 revenue increased 7.7%, net income decreased 21.9%, and diluted EPS decreased 15.7%. All figures were prepared in accordance with TIFRS on a consolidated basis. |
Gross margin for the year was 25%, operating margin was 7%, and net profit margin was 7%. |
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. |