Tech Semiconductors Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 21, 2022 at 07:07 am EDT
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Tech Semiconductors Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 70.23 million compared to CNY 72.64 million a year ago. Revenue was CNY 70.23 million compared to CNY 72.64 million a year ago. Net income was CNY 10.2 million compared to CNY 16.33 million a year ago. Basic earnings per share from continuing operations was CNY 0.0432 compared to CNY 0.0766 a year ago. Diluted earnings per share from continuing operations was CNY 0.0431 compared to CNY 0.0766 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.
TECH SEMICONDUCTORS CO., LTD. 
