Novatek Microelectronics Corp. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
July 29, 2022 at 05:16 pm EDT
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Novatek Microelectronics Corp. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 31,461.14 million compared to TWD 34,111.3 million a year ago. Revenue was TWD 31,461.14 million compared to TWD 34,111.3 million a year ago. Net income was TWD 8,486.74 million compared to TWD 9,786.07 million a year ago. Basic earnings per share from continuing operations was TWD 13.95 compared to TWD 16.08 a year ago. Diluted earnings per share from continuing operations was TWD 13.92 compared to TWD 16.07 a year ago.
For the six months, sales was TWD 67,972.83 million compared to TWD 60,477.82 million a year ago. Revenue was TWD 67,972.83 million compared to TWD 60,477.82 million a year ago. Net income was TWD 19,621.66 million compared to TWD 15,661.28 million a year ago. Basic earnings per share from continuing operations was TWD 32.25 compared to TWD 25.74 a year ago. Diluted earnings per share from continuing operations was TWD 32.18 compared to TWD 25.72 a year ago.
Novatek Microelectronics Corp is mainly engaged in the manufacture of electronic components, information software services and international trade. The Company's main products include flat-panel display drive wafers and system-on-chip (SOC) wafers. Flat-panel display drive wafers mainly include large-size liquid crystal display (LCD) and active matrix organic light-emitting diode (AMOLED) panel drive wafers, LCD touch and touch controller and display drive integration (TDDI) and AMOLED drive wafers for mobile phones, and automotive panel drive wafers. SOC wafers include LCD panel timing control wafers, digital TV system control single wafers, LCD monitor control wafers, motion estimation and motion compensation (MEMC) image processing wafers, driving recorders, image sensor wafers for reversing display, security control wafers, image sensor wafers for external computer cameras.
NOVATEK MICROELECTRONICS CORP. 
