Nyquest Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 10, 2020 at 04:48 pm EDT
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Nyquest Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 184.044 million compared to TWD 190.993 million a year ago. Operating income was TWD 4.016 million compared to operating loss of TWD 12.793 million a year ago. Net income was TWD 4.620 million compared to net loss of TWD 10.043 million a year ago. Basic earnings per share was TWD 0.15 compared to basic loss per share of TWD 0.32 a year ago. Diluted earnings per share was TWD 0.15.
Nyquest Technology Co., Ltd. is a Taiwan-based company principally engaged in the research, development, design and sales of integrated circuits (ICs). The Company's main products include voice control ICs, microcontroller ICs and others. The Company's products are mainly used in consumer electronics, such as toys, learning machines, gifts, medical equipment, electric vehicles and home appliances. The Company distributes its products in domestic market and to overseas markets, such as the rest areas of Asia.
NYQUEST TECHNOLOGY CO., LTD. 
