Sinopower Semiconductor, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 09, 2021
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Sinopower Semiconductor, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 827.53 million compared to TWD 744.25 million a year ago. Net income was TWD 142.23 million compared to TWD 77.95 million a year ago. Basic earnings per share from continuing operations was TWD 4.25 compared to TWD 2.34 a year ago. Diluted earnings per share from continuing operations was TWD 4.19 compared to TWD 2.33 a year ago.
For the nine months, sales was TWD 2,288.41 million compared to TWD 1,890.45 million a year ago. Net income was TWD 309.54 million compared to TWD 167.8 million a year ago. Basic earnings per share from continuing operations was TWD 9.27 compared to TWD 5.05 a year ago. Diluted earnings per share from continuing operations was TWD 9.13 compared to TWD 4.98 a year ago.
Sinopower Semiconductor, Inc. is a Taiwan-based company principally engaged in the research, design, manufacture and sales of electronic components. The Company's main products include power semiconductor devices and modules and high-voltage integrated circuits (ICs) and modules. The Company also provides related technical services. The Company distributes its products in domestic market and to overseas markets, such as the rest areas of Asia.