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Weltrend Reports Second Quarter EPS of NT$0.18
2022-08-09
Hsinchu, Taiwan, August 9, 2022 – Weltrend Semiconductor (TWSE: 2436) today announced financial results for the quarter ended June 30, 2022 with consolidated revenue of NT$ 663.67 million, net income of NT$ 31.93 million, and diluted earnings per share of NT$0.18. |
Year-over-year, second quarter revenue decreased 26.6%, net income decreased 84.2%, while diluted EPS decreased 84.2%. Compare to first quarter 2022, revenue decreased 29.9%, net income decreased 75.6%, and diluted EPS decreased 75.7%. All figures were prepared in accordance with TIFRS on a consolidated basis. |
Gross margin for the quarter was 32%, operating margin was 14%, and net profit margin was 5%. |
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. |