Sinopower Semiconductor, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020
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Sinopower Semiconductor, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 744.245 million compared to TWD 502.294 million a year ago. Operating income was TWD 76.097 million compared to TWD 33.998 million a year ago. Net income was TWD 77.947 million compared to TWD 37.931 million a year ago. Basic earnings per share was TWD 2.34 compared to TWD 1.16 a year ago. Diluted earnings per share was TWD 2.33 compared to TWD 1.15 a year ago. For the nine months, sales was TWD 1,890.449 million compared to TWD 1,593.955 million a year ago. Operating income was TWD 163.044 million compared to TWD 168.053 million a year ago. Net income was TWD 167.800 million compared to TWD 168.956 million a year ago. Basic earnings per share was TWD 5.05 compared to TWD 5.16 a year ago. Diluted earnings per share was TWD 4.98 compared to TWD 5.1 a year ago.
Sinopower Semiconductor Inc is a Taiwan-based company mainly engaged in the design, development, production and sales of power semiconductor products. Products include power semiconductor components and modules, high-voltage integrated circuits and modules. Power semiconductor products include low-voltage power semiconductor products, medium-voltage power semiconductor products, high-voltage power semiconductor products, power semiconductor products with embedded gate-source protection diodes, integrated power semiconductor products with embedded drain-source Schottky diodes, trench insulated gate bipolar power transistors (insulated gate bipolar transistors (IGBTs) and extended products), power integrated circuit products (products and extended products that integrate semiconductor components and driver integrated circuits). The products are mainly sold domestically and exported to Asia.