Megawin Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 03, 2022 at 02:49 am IST
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Megawin Technology Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 102.06 million compared to TWD 229.63 million a year ago. Net loss was TWD 10.84 million compared to net income of TWD 49.58 million a year ago. Basic loss per share from continuing operations was TWD 0.28 compared to basic earnings per share from continuing operations of TWD 1.3 a year ago. Diluted loss per share from continuing operations was TWD 0.28 compared to diluted earnings per share from continuing operations of TWD 1.23 a year ago.
For the nine months, sales was TWD 407.86 million compared to TWD 550.58 million a year ago. Net income was TWD 29.46 million compared to TWD 82.09 million a year ago. Basic earnings per share from continuing operations was TWD 0.75 compared to TWD 2.14 a year ago. Diluted earnings per share from continuing operations was TWD 0.73 compared to TWD 2.03 a year ago.
Megawin Technology Co., Ltd. is a Taiwan-based company principally engaged in the design and sales of microcontrollers. The Company's products include 8051 microcontrollers, 6502 microcontrollers, input/output (I/O) type microcontrollers, liquid crystal display (LCD) type microcontrollers, universal serial bus (USB) microcontrollers, mobile power supply microcontrollers, fast charging microcontrollers and light emitting diode (LED) driver integrated circuits (ICs), among others. Its products are applied in the meters, industrial controllers, home appliances, communications products, network toys, remote controllers, handhold game machines, digital clocks and watches, electrical meter displays, digital memo pads and others. The Company distributes its products mainly in Asia.
MEGAWIN TECHNOLOGY CO., LTD. 