Higher Way Electronic Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 30, 2021 at 11:47 pm IST
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Higher Way Electronic Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 1,165.887 million compared to TWD 942.512 million a year ago. Operating income was TWD 10.103 million compared to operating loss of TWD 2.444 million a year ago. Net income was TWD 30.047 million compared to net loss of TWD 18.745 million a year ago. Basic earnings per share from continuing operations was TWD 0.9 compared to basic loss per share from continuing operations of TWD 0.56 a year ago. Diluted earnings per share from continuing operations was TWD 0.89 compared to diluted loss per share from continuing operations of TWD 0.56 a year ago.
HIGHER WAY ELECTRONIC CO., LTD. is a Taiwan-based company principally engaged in the design, manufacture and distribution of integrated circuits (ICs). The Company's primary products include multimedia controllers ICs, speech and music ICs, memory devices ICs, liquid crystal display (LCD) controllers ICs, single-chip microcontrollers ICs and optoelectronic devices. The Company's products are mainly used in electronic keyboards, Web cameras, moving picture experts group layer-3 audio (MP3) players, television (TV) games, electronic learning aids (ELAs), electronic books, personal stereos, handheld game machines and electronic dictionaries. The Company mainly distributes its products within the domestic market and to overseas markets.
HIGHER WAY ELECTRONIC CO., LTD. 
