Puya Semiconductor Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024
April 28, 2024 at 04:38 am
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Puya Semiconductor (Shanghai) Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 404.93 million compared to CNY 203.98 million a year ago. Net income was CNY 49.92 million compared to net loss of CNY 28.14 million a year ago.
Basic earnings per share from continuing operations was CNY 0.66 compared to basic loss per share from continuing operations of CNY 0.38 a year ago. Diluted earnings per share from continuing operations was CNY 0.66.
Puya Semiconductor Shanghai Co Ltd is a China-based company engaged in the design and sales of non-volatile memory chips. The Company mainly provides two types of non-volatile memory chips: NOR Flash and EEPROM. NOR Flash products are used in low-power Bluetooth modules, true wireless stereo (TWS) headsets, mobile phone touch and fingerprints, touch and display driver integration (TDDI), active-matrix organic light-emitting diode (AMOLED), wearable devices, car navigation and security chips. EEPROM products are used in mobile phone camera modules, smart meters, network communications, home appliances and other fields. The Company's other products mainly include Hall chips and FAN Driver chips. The Hall chip is mainly used for industrial switch control, and the FAN Driver chip is mainly used for fan drive. The Company distributes its products within the domestic market and to overseas market.