Rafael Microelectronics, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 11, 2021
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Rafael Microelectronics, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 282.626 million compared to TWD 164.841 million a year ago. Operating income was TWD 47.944 million compared to TWD 19.497 million a year ago. Net income was TWD 55.739 million compared to TWD 18.369 million a year ago. Basic earnings per share was TWD 2.28 compared to TWD 0.74 a year ago. Diluted earnings per share was TWD 2.24 compared to TWD 0.73 a year ago. For the half year, sales was TWD 543.300 million compared to TWD 395.544 million a year ago. Operating income was TWD 100.335 million compared to TWD 61.295 million a year ago. Net income was TWD 94.353 million compared to TWD 49.736 million a year ago. Basic earnings per share was TWD 3.86 compared to TWD 1.99 a year ago. Diluted earnings per share was TWD 3.78 compared to TWD 1.97 a year ago.
Rafael Microelectronics, Inc. is a Taiwan-based company mainly engaged in design, manufacture and sales of radio frequency integrated circuits (RFICs) and integrated RF systems. The Company's main products are RFICs, including RF tuners, LNB outdoor units and satellite-related ICs. Its products are widely used in set-top boxes for TV, digital cable, terrestrial broadcasting andsatellite, as well as satellite front-end receiving systems and wireless RF transmission systems. The Company distributes its products within domestic markets and to overseas markets.