Cypress Technology Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 28, 2021 at 04:22 pm EDT
Share
Cypress Technology Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was TWD 1,658.753 million compared to TWD 2,240.220 million a year ago. Operating income was TWD 183.514 million compared to TWD 366.827 million a year ago. Net income was TWD 121.047 million compared to TWD 292.947 million a year ago. Basic earnings per share from continuing operations was TWD 2.35 compared to TWD 5.67 a year ago. Diluted earnings per share from continuing operations was TWD 2.34 compared to TWD 5.65 a year ago.
CYPRESS TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of professional and intelligent audio-visual products and display products. The professional and intelligent audio-visual products include televisions (TVs) scalers, splitters, switchers, high definition multimedia interface (HDMI) video signal generators and extenders, video effect mixers, TV pattern generators and display port series. The professional and intelligent display products include liquid crystal displays (LCDs) and TV walls. The Company's products are applied in home theaters, conference centers, medical centers, shopping malls and cinemas, among others. The Company distributes its products within domestic market and to overseas markets, including the rest of Asia, the Americas and Europe.