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Weltrend Reports First Quarter EPS of NT$1.05
2021-05-06
Hsinchu, Taiwan, May 6, 2021 – Weltrend Semiconductor (TWSE:2436) today announced financial results for the quarter ended March 31, 2021 with consolidated revenue of NT$ 752.59 million, net income of NT$ 185.77 million, and diluted earnings per share of NT$1.05. |
Year-over-year, first quarter revenue increased 58.5%, net income increased 242.4%, while diluted EPS increased 243.8%. Compare to fourth quarter 2020, revenue decreased 0.7%, net income increased 11%, and diluted EPS increased 10.5%. 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 25%. |
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. |