V-TAC Technology Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 01:36 pm IST
Share
V-TAC Technology Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 400.23 million compared to TWD 645.4 million a year ago. Net income was TWD 20.51 million compared to TWD 64.57 million a year ago. Basic earnings per share from continuing operations was TWD 0.58 compared to TWD 1.81 a year ago. Diluted earnings per share from continuing operations was TWD 0.57 compared to TWD 1.8 a year ago.
For the nine months, sales was TWD 1,238.56 million compared to TWD 1,568.13 million a year ago. Net income was TWD 85.62 million compared to TWD 127.93 million a year ago. Basic earnings per share from continuing operations was TWD 2.4 compared to TWD 3.59 a year ago. Diluted earnings per share from continuing operations was TWD 2.37 compared to TWD 3.57 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.