Sinopower Semiconductor, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023
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Sinopower Semiconductor, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 658.42 million compared to TWD 970.76 million a year ago. Net income was TWD 35.81 million compared to TWD 184.11 million a year ago. Basic earnings per share from continuing operations was TWD 0.9636 compared to TWD 5.0091 a year ago. Diluted earnings per share from continuing operations was TWD 0.9636 compared to TWD 4.9636 a year ago.
For the six months, sales was TWD 1,272.04 million compared to TWD 1,940.03 million a year ago. Net income was TWD 59.26 million compared to TWD 360.05 million a year ago. Basic earnings per share from continuing operations was TWD 1.6 compared to TWD 9.7909 a year ago. Diluted earnings per share from continuing operations was TWD 1.5818 compared to TWD 9.5545 a year ago.
Sinopower Semiconductor, Inc. is a Taiwan-based company principally engaged in the research, design, manufacture and sales of electronic components. The Company's main products include power semiconductor devices and modules and high-voltage integrated circuits (ICs) and modules. The Company also provides related technical services. The Company distributes its products in domestic market and to overseas markets, such as the rest areas of Asia.