Sinopower Semiconductor, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023
Share
Sinopower Semiconductor, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 696.82 million compared to TWD 589.76 million a year ago. Net income was TWD 60.04 million compared to TWD 74.85 million a year ago. Basic earnings per share from continuing operations was TWD 1.62 compared to TWD 2.04 a year ago. Diluted earnings per share from continuing operations was TWD 1.61 compared to TWD 1.99 a year ago.
For the nine months, sales was TWD 1,968.86 million compared to TWD 2,529.78 million a year ago. Net income was TWD 119.3 million compared to TWD 434.89 million a year ago. Basic earnings per share from continuing operations was TWD 3.22 compared to TWD 11.83 a year ago. Diluted earnings per share from continuing operations was TWD 3.18 compared to TWD 11.5 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.