Universal Microelectronics Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022 at 06:28 am
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Universal Microelectronics Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 1,228.87 million compared to TWD 967.48 million a year ago. Net income was TWD 43.43 million compared to net loss of TWD 36.73 million a year ago. Basic earnings per share from continuing operations was TWD 0.34 compared to basic loss per share from continuing operations of TWD 0.29 a year ago. Diluted earnings per share from continuing operations was TWD 0.34 compared to diluted loss per share from continuing operations of TWD 0.29 a year ago.
For the six months, sales was TWD 2,127.49 million compared to TWD 2,056.43 million a year ago. Net income was TWD 71.73 million compared to net loss of TWD 26.92 million a year ago. Basic earnings per share from continuing operations was TWD 0.57 compared to basic loss per share from continuing operations of TWD 0.21 a year ago. Diluted earnings per share from continuing operations was TWD 0.56 compared to diluted loss per share from continuing operations of TWD 0.21 a year ago.
UNIVERSAL MICROELECTRONICS CO LTD is a Taiwan-based company engaged in the manufacture and sale of electrical components with its subsidiaries. The Company's products include electromagnetic components, power supplies, information communication products, optical communication products, photoelectric products, such as converters, adapters, transformers and inductors for power supply and communication and others. The Company distributes its products mainly in Taiwan market and to overseas markets, including Mainland China, the United States and Japan.