Nyquest Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 04, 2020 at 02:49 am IST
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Nyquest Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 299.005 million compared to TWD 275.815 million a year ago. Operating income was TWD 45.237 million compared to TWD 35.739 million a year ago. Net income was TWD 32.960 million compared to TWD 34.741 million a year ago. Basic earnings per share was TWD 1.06 compared to TWD 1.11 a year ago. Diluted earnings per share was TWD 1.05 compared to TWD 1.11 a year ago. For the nine months, sales was TWD 768.124 million compared to TWD 787.254 million a year ago. Operating income was TWD 91.441 million compared to TWD 74.619 million a year ago. Net income was TWD 69.226 million compared to TWD 66.615 million a year ago. Basic earnings per share was TWD 2.22 compared to TWD 2.13 a year ago. Diluted earnings per share was TWD 2.19 compared to TWD 2.1 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.