Rafael Microelectronics, Inc. Reports Earnings Results for the Full Year Ended December 31, 2019
March 16, 2020 at 07:30 pm IST
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Rafael Microelectronics, Inc. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 1,128.319 million compared to TWD 1,118.302 million a year ago. Operating income was TWD 263.442 million compared to TWD 260.262 million a year ago. Net income was TWD 218.686 million compared to TWD 218.694 million a year ago. Basic earnings per share was TWD 8.85 compared to TWD 8.85 a year ago. Diluted earnings per share was TWD 8.7 compared to TWD 8.73 a year ago.
Rafael Microelectronics, Inc. is a Taiwan-based company mainly engaged in design, manufacture and sales of radio frequency integrated circuits (RFICs) and integrated RF systems. The Company's main products are RFICs, including RF tuners, LNB outdoor units and satellite-related ICs. Its products are widely used in set-top boxes for TV, digital cable, terrestrial broadcasting andsatellite, as well as satellite front-end receiving systems and wireless RF transmission systems. The Company distributes its products within domestic markets and to overseas markets.