Sinopower Semiconductor, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 09, 2022
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Sinopower Semiconductor, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 970.76 million compared to TWD 733.94 million a year ago. Net income was TWD 184.11 million compared to TWD 97.42 million a year ago. Basic earnings per share from continuing operations was TWD 5.51 compared to TWD 2.91 a year ago. Diluted earnings per share from continuing operations was TWD 5.46 compared to TWD 2.9 a year ago.
For the six months, sales was TWD 1,940.03 million compared to TWD 1,460.88 million a year ago. Net income was TWD 360.05 million compared to TWD 167.31 million a year ago. Basic earnings per share from continuing operations was TWD 10.77 compared to TWD 5.01 a year ago. Diluted earnings per share from continuing operations was TWD 10.51 compared to TWD 4.97 a year ago.
Sinopower Semiconductor, Inc. is a Taiwan-based company principally engaged in the research, design, manufacture and sales of electronic components. The Company's main products include power semiconductor devices and modules and high-voltage integrated circuits (ICs) and modules. The Company also provides related technical services. The Company distributes its products in domestic market and to overseas markets, such as the rest areas of Asia.