Sinopower Semiconductor, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 06:52 pm EST
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Sinopower Semiconductor, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 589.76 million compared to TWD 827.53 million a year ago. Revenue was TWD 589.76 million compared to TWD 827.53 million a year ago. Net income was TWD 74.85 million compared to TWD 142.23 million a year ago. Basic earnings per share from continuing operations was TWD 2.0364 compared to TWD 3.8636 a year ago. Diluted earnings per share from continuing operations was TWD 1.9818 compared to TWD 3.8091 a year ago.
For the nine months, sales was TWD 2,529.78 million compared to TWD 2,288.41 million a year ago. Revenue was TWD 2,529.78 million compared to TWD 2,288.41 million a year ago. Net income was TWD 434.89 million compared to TWD 309.54 million a year ago. Basic earnings per share from continuing operations was TWD 11.8273 compared to TWD 8.4273 a year ago. Diluted earnings per share from continuing operations was TWD 11.4727 compared to TWD 8.3 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.