Nyquest Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 05:55 pm EST
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Nyquest Technology Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 367.42 million compared to TWD 358.47 million a year ago. Net income was TWD 37.56 million compared to TWD 56.08 million a year ago. Basic earnings per share from continuing operations was TWD 1.19 compared to TWD 1.77 a year ago. Diluted earnings per share from continuing operations was TWD 1.19 compared to TWD 1.77 a year ago.
For the nine months, sales was TWD 1,002.61 million compared to TWD 1,434.16 million a year ago. Net income was TWD 47.26 million compared to TWD 320.4 million a year ago. Basic earnings per share from continuing operations was TWD 1.5 compared to TWD 10.15 a year ago. Diluted earnings per share from continuing operations was TWD 1.49 compared to TWD 9.88 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.
NYQUEST TECHNOLOGY CO., LTD. 
