Tech Semiconductors Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2022
August 11, 2022 at 07:24 am EDT
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Tech Semiconductors Co., Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 176.91 million compared to CNY 159.99 million a year ago. Revenue was CNY 177.74 million compared to CNY 160.7 million a year ago. Net income was CNY 21.02 million compared to CNY 33.04 million a year ago. Basic earnings per share from continuing operations was CNY 0.0889 compared to CNY 0.147 a year ago. Diluted earnings per share from continuing operations was CNY 0.0887 compared to CNY 0.147 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.