Universal Microwave Technology, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 13, 2020 at 06:58 pm IST
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Universal Microwave Technology, Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 271.204 million compared to TWD 444.366 million a year ago. Operating income was TWD 18.438 million compared to TWD 82.647 million a year ago. Net loss was TWD 5.117 million compared to net income of TWD 61.539 million a year ago. Basic loss per share was TWD 0.08 compared to basic earnings per share of TWD 1.02 a year ago. Diluted loss per share was TWD 0.08 compared to diluted earnings per share of TWD 1.01 a year ago.
Universal Microwave Technology Inc is a Taiwan-based company principally engaged in the design, research, development, manufacture and sale of microwave communication components and subsystems, antennas and radio frequency (RF) components. The microwave components include duplexers, couplers, circulator components and other passive components or integrate multiple components into a sub-system. The components are used in point-to-point or point-to-multipoint communication equipment, mobile communication base stations, broadband wireless transmission and satellite communication systems. The antennas are used in broadcasting, television, mobile phone communication, wireless Internet access, positioning, navigation and tracking. The RF components are used in communication base stations and connect within and between communication equipment. The Company operates within the domestic market and to overseas markets, including China mainland, Asia, Europe and America.
UNIVERSAL MICROWAVE TECHNOLOGY, INC. 
