UltraChip Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 24, 2021 at 09:01 pm
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UltraChip Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 820.77 million compared to TWD 356.97 million a year ago. Revenue was TWD 820.77 million compared to TWD 356.97 million a year ago. Net income was TWD 263.98 million compared to TWD 30.19 million a year ago. Basic earnings per share from continuing operations was TWD 3.61 compared to TWD 0.46 a year ago. Diluted earnings per share from continuing operations was TWD 3.52 compared to TWD 0.46 a year ago.
For the nine months, sales was TWD 1,893.15 million compared to TWD 899.11 million a year ago. Revenue was TWD 1,893.11 million compared to TWD 897.19 million a year ago. Net income was TWD 445.6 million compared to TWD 63.5 million a year ago. Basic earnings per share from continuing operations was TWD 6.59 compared to TWD 0.98 a year ago. Diluted earnings per share from continuing operations was TWD 5.97 compared to TWD 0.96 a year ago.
Ultra Chip, Inc. is a Taiwan-based company primarily engaged in the research, development, design, manufacture and distribution of driver integrated circuit (ICs). The Companyâs main products portfolio consists of liquid crystal display (LCD) driver ICs, which are applied in the automobile navigation, driving recorders and others; touch panel controller ICs, which are mainly used in smart phones, tablet personal computers (PCs), handheld game consoles and others; electrophoretic display (EPD) ICs, as well as motor controller ICs. The Company distributes its products within domestic market and to overseas markets.