Universal Microwave Technology, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 12, 2022
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Universal Microwave Technology, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 472.77 million compared to TWD 405.53 million a year ago. Revenue was TWD 476.9 million compared to TWD 407.42 million a year ago. Net income was TWD 91.19 million compared to TWD 98.87 million a year ago. Basic earnings per share from continuing operations was TWD 1.47 compared to TWD 1.59 a year ago. Diluted earnings per share from continuing operations was TWD 1.47 compared to TWD 1.59 a year ago.
For the six months, sales was TWD 913.47 million compared to TWD 770.35 million a year ago. Revenue was TWD 918.89 million compared to TWD 773.5 million a year ago. Net income was TWD 135.61 million compared to TWD 126.79 million a year ago. Basic earnings per share from continuing operations was TWD 2.18 compared to TWD 2.04 a year ago. Diluted earnings per share from continuing operations was TWD 2.18 compared to TWD 2.03 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.