Sinopower Semiconductor, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 09, 2020
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Sinopower Semiconductor, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 744.245 million compared to TWD 502.294 million a year ago. Operating income was TWD 76.097 million compared to TWD 33.998 million a year ago. Net income was TWD 77.947 million compared to TWD 37.931 million a year ago. Basic earnings per share was TWD 2.34 compared to TWD 1.16 a year ago. Diluted earnings per share was TWD 2.33 compared to TWD 1.15 a year ago. For the nine months, sales was TWD 1,890.449 million compared to TWD 1,593.955 million a year ago. Operating income was TWD 163.044 million compared to TWD 168.053 million a year ago. Net income was TWD 167.800 million compared to TWD 168.956 million a year ago. Basic earnings per share was TWD 5.05 compared to TWD 5.16 a year ago. Diluted earnings per share was TWD 4.98 compared to TWD 5.1 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.