Chip Hope Co., Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 05:03 pm
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Chip Hope Co., Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 139.53 million compared to TWD 194.49 million a year ago. Revenue was TWD 139.53 million compared to TWD 194.49 million a year ago. Net income was TWD 20.62 million compared to net loss of TWD 12.17 million a year ago. Basic earnings per share from continuing operations was TWD 0.3 compared to basic loss per share from continuing operations of TWD 0.17 a year ago. Diluted earnings per share from continuing operations was TWD 0.3 compared to diluted loss per share from continuing operations of TWD 0.17 a year ago.
For the six months, sales was TWD 425.63 million compared to TWD 453.8 million a year ago. Revenue was TWD 425.63 million compared to TWD 453.8 million a year ago. Net loss was TWD 32.54 million compared to net income of TWD 41.01 million a year ago. Basic loss per share from continuing operations was TWD 0.47 compared to basic earnings per share from continuing operations of TWD 0.59 a year ago. Diluted loss per share from continuing operations was TWD 0.47 compared to diluted earnings per share from continuing operations of TWD 0.59 a year ago.
CHIP HOPE CO., LTD. is a Taiwan-based company principally engaged in the manufacturer and sales of memory products and integrated circuit (IC) application products. The Company's memory products include various flash memory cards, which are applied in cell phones, computers, digital cameras, as well as other information and electronic products. The Companyâs IC application products consist of personal computer ICs (including universal serial bus (USB) keyboard ICs, USB optical mouse ICs, USB wireless keyboard and mouse ICs) and communication ICs, which are applied in caller identification, wireless telephone chipsets and telephone answering machines. It is also involved in the development of smart phones, as well as the value-added design and sales of related software. The Company distributes its products mainly in Asia market.