Nyquest Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 06:06 am EDT
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Nyquest Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 285.075 million compared to TWD 320.446 million a year ago. Operating income was TWD 42.188 million compared to TWD 51.673 million a year ago. Net income was TWD 31.646 million compared to TWD 41.917 million a year ago. Basic earnings per share was TWD 1.01 compared to TWD 1.34 a year ago. Diluted earnings per share was TWD 1.01 compared to TWD 1.33 a year ago. For the half year, sales was TWD 469.119 million compared to TWD 511.439 million a year ago. Operating income was TWD 46.204 million compared to TWD 38.880 million a year ago. Net income was TWD 36.266 million compared to TWD 31.874 million a year ago. Basic earnings per share was TWD 1.16 compared to TWD 1.02 a year ago. Diluted earnings per share was TWD 1.15 compared to TWD 1.01 a year ago.
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.