Tech Semiconductors Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 26, 2021 at 05:03 am EDT
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Tech Semiconductors Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 263.7 million compared to CNY 194.77 million a year ago. Revenue was CNY 263.7 million compared to CNY 194.77 million a year ago. Net income was CNY 55.82 million compared to CNY 31.16 million a year ago. Basic earnings per share from continuing operations was CNY 0.244 compared to CNY 0.1462 a year ago. Diluted earnings per share from continuing operations was CNY 0.244 compared to CNY 0.1462 a year ago.
TECH SEMICONDUCTORS CO., LTD is a China-based company mainly engaged in research, development, manufacturing and sales of power semiconductor chips and devices. The Company's main products include power thyristors, rectifiers, insulated gate bipolar transistor (IGBT), power semiconductor modules and other power semiconductor devices for industrial electrical control and power supply equipment. The company is also engaged in pan-cultural business, focusing on Internet film production and investment. The Company conducts its businesses in domestic and overseas markets.