Cypress Technology Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 08, 2022 at 04:29 pm
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Cypress Technology Co.,Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 533.42 million compared to TWD 390.07 million a year ago. Revenue was TWD 533.42 million compared to TWD 390.07 million a year ago. Net income was TWD 88.71 million compared to TWD 49.24 million a year ago. Basic earnings per share from continuing operations was TWD 1.58 compared to TWD 0.87 a year ago. Diluted earnings per share from continuing operations was TWD 1.57 compared to TWD 0.87 a year ago.
For the six months, sales was TWD 1,027.92 million compared to TWD 759.62 million a year ago. Revenue was TWD 1,027.92 million compared to TWD 759.62 million a year ago. Net income was TWD 188.56 million compared to TWD 79.34 million a year ago. Basic earnings per share from continuing operations was TWD 3.36 compared to TWD 1.41 a year ago. Diluted earnings per share from continuing operations was TWD 3.34 compared to TWD 1.41 a year ago.
CYPRESS TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of professional and intelligent audio-visual products and display products. The professional and intelligent audio-visual products include televisions (TVs) scalers, splitters, switchers, high definition multimedia interface (HDMI) video signal generators and extenders, video effect mixers, TV pattern generators and display port series. The professional and intelligent display products include liquid crystal displays (LCDs) and TV walls. The Company's products are applied in home theaters, conference centers, medical centers, shopping malls and cinemas, among others. The Company distributes its products within domestic market and to overseas markets, including the rest of Asia, the Americas and Europe.
CYPRESS TECHNOLOGY CO.,LTD. 
