V-TAC Technology Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 11:57 pm IST
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V-TAC Technology Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 645.4 million compared to TWD 463.61 million a year ago. Net income was TWD 64.57 million compared to TWD 28.73 million a year ago. Basic earnings per share from continuing operations was TWD 1.81 compared to TWD 0.81 a year ago. Diluted earnings per share from continuing operations was TWD 1.8 compared to TWD 0.8 a year ago. Basic earnings per share was TWD 1.81 compared to TWD 0.81 a year ago. Diluted earnings per share was TWD 1.8 compared to TWD 0.8 a year ago.
For the nine months, sales was TWD 1,568.13 million compared to TWD 1,221.84 million a year ago. Net income was TWD 127.93 million compared to TWD 40.99 million a year ago. Basic earnings per share from continuing operations was TWD 3.59 compared to TWD 1.14 a year ago. Diluted earnings per share from continuing operations was TWD 3.57 compared to TWD 1.14 a year ago. Basic earnings per share was TWD 3.59 compared to TWD 1.14 a year ago. Diluted earnings per share was TWD 3.57 compared to TWD 1.14 a year ago.
V-TAC TECHNOLOGY CO.,LTD. is a Taiwan-based company principally engaged in the design, manufacture and sales of integrated circuit (IC) firmware applications. The Company's main products include image and video IC application products, microprocessor IC application products, voice control IC application products and memory IC application products. The Company's products are mainly used in consumer electronics. The Company distributes its products in domestic market to overseas markets.