Macmic Science&Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 07:23 pm
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Macmic Science&Technology Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 139.99 million compared to CNY 104.34 million a year ago. Revenue was CNY 139.99 million compared to CNY 104.34 million a year ago. Net income was CNY 12.28 million compared to CNY 16.54 million a year ago. Basic earnings per share from continuing operations was CNY 0.0857 compared to CNY 0.1571 a year ago.
Macmic Science & Technology Co Ltd is a China-based company mainly engaged in the design, research, development, production and sales of power semiconductor chips, single tubes, modules and power modules. The Company also provides customers with solutions for power semiconductor devices. The Company's products have covered Insulated Gate Bipolar Transistor (IGBT), Fast-Recovery Epitaxial Diode (FRED), Metal-Oxide-Semiconductor Field-Effect Transistor (MOSFET) chips and single transistor products, IGBT, FRED, MOSFET, rectifier diode, thyristor and other module products. The Company's products are mainly used in industrial control, and some products are used in new energy power generation, new energy vehicles and household appliances. The Company mainly conducts business within the domestic market.