Ultra Chip, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 28, 2023 at 06:35 pm EDT
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Ultra Chip, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 442.76 million compared to TWD 766.18 million a year ago. Net income was TWD 53.05 million compared to TWD 236.14 million a year ago. Basic earnings per share from continuing operations was TWD 0.75 compared to TWD 3.2 a year ago. Diluted earnings per share from continuing operations was TWD 0.74 compared to TWD 3.07 a year ago.
For the six months, sales was TWD 1,026.75 million compared to TWD 1,498.92 million a year ago. Net income was TWD 69.46 million compared to TWD 474.25 million a year ago. Basic earnings per share from continuing operations was TWD 0.93 compared to TWD 6.43 a year ago. Diluted earnings per share from continuing operations was TWD 0.92 compared to TWD 6.15 a year ago.
Ultra Chip, Inc. is a Taiwan-based company primarily engaged in the research, development, design, manufacture and distribution of driver integrated circuit (ICs). The Companyâs main products portfolio consists of liquid crystal display (LCD) driver ICs, which are applied in the automobile navigation, driving recorders and others; touch panel controller ICs, which are mainly used in smart phones, tablet personal computers (PCs), handheld game consoles and others; electrophoretic display (EPD) ICs, as well as motor controller ICs. The Company distributes its products within domestic market and to overseas markets.
ULTRA CHIP, INC. 
