Weltrend Semiconductor, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 09, 2022
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Weltrend Semiconductor, 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 663.67 million compared to TWD 903.62 million a year ago. Revenue was TWD 663.67 million compared to TWD 903.62 million a year ago. Net income was TWD 32.18 million compared to TWD 201.78 million a year ago. Basic earnings per share was TWD 0.18 compared to TWD 1.14 a year ago. Diluted earnings per share was TWD 0.18 compared to TWD 1.13 a year ago.
For the six months, sales was TWD 1,611.01 million compared to TWD 1,656.21 million a year ago. Revenue was TWD 1,611.01 million compared to TWD 1,656.21 million a year ago. Net income was TWD 163.16 million compared to TWD 387.45 million a year ago. Basic earnings per share was TWD 0.93 compared to TWD 2.19 a year ago. Diluted earnings per share was TWD 0.92 compared to TWD 2.18 a year ago.
Weltrend Semiconductor, Inc. is a Taiwan-based company principally engaged in the research, development, production, testing and distribution of integrated circuits (ICs). The Company provides digital and analog mixed application specific integrated circuits (ICs), digital ICs, analog ICs and others. Its IC products are applied in liquid crystal display (LCD) televisions, digital versatile disks (DVDs), set top boxes (STBs), light emitting diodes (LEDs), sports equipment display panels, medical equipment, personal computers, as well as game devices, home appliances and others. It also provides commission services for electronic components. The Company distributes its products in both domestic and overseas markets.
WELTREND SEMICONDUCTOR, INC. 
