Cypress Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 11, 2022
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Cypress Technology Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 494.5 million compared to TWD 369.55 million a year ago. Revenue was TWD 494.5 million compared to TWD 369.55 million a year ago. Net income was TWD 99.85 million compared to TWD 30.1 million a year ago. Basic earnings per share from continuing operations was TWD 1.77 compared to TWD 0.53 a year ago. Diluted earnings per share from continuing operations was TWD 1.76 compared to TWD 0.53 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.