Latest News
Weltrend Reports 2020 Consolidated Financial Statements
2021-03-09
Hsinchu, Taiwan, March 09, 2021 – Weltrend Semiconductor (TWSE: 2436) today announced financial results for 2020 with consolidated revenue of NT$2.62 billion, net income of NT$341.5 million, and diluted earnings per share of NT$1.94. |
Compare to 2019, 2020 revenue increased 12.8%, net income increased 4.7%, and diluted EPS increased 5.4%. All figures were prepared in accordance with TIFRS on a consolidated basis. |
Gross margin for the year was 26%, operating margin was 5%, and net profit margin was 13%. |
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. |