Nyquest Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 05:17 am IST
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Nyquest Technology Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 353.99 million compared to TWD 516.9 million a year ago. Net income was TWD 36.57 million compared to TWD 101.64 million a year ago. Basic earnings per share from continuing operations was TWD 1.16 compared to TWD 3.23 a year ago. Diluted earnings per share from continuing operations was TWD 1.16 compared to TWD 3.2 a year ago.
For the six months, sales was TWD 635.19 million compared to TWD 1,075.69 million a year ago. Net income was TWD 9.71 million compared to TWD 264.32 million a year ago. Basic earnings per share from continuing operations was TWD 0.31 compared to TWD 8.38 a year ago. Diluted earnings per share from continuing operations was TWD 0.31 compared to TWD 8.22 a year ago.
Nyquest Technology Co., Ltd. is a Taiwan-based company principally engaged in the research, development, design and sales of integrated circuits (ICs). The Company's main products include voice control ICs, microcontroller ICs and others. The Company's products are mainly used in consumer electronics, such as toys, learning machines, gifts, medical equipment, electric vehicles and home appliances. The Company distributes its products in domestic market and to overseas markets, such as the rest areas of Asia.