Ultra Chip, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 01, 2023 at 02:35 am EDT
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Ultra Chip, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 441.28 million compared to TWD 618.99 million a year ago. Net income was TWD 88.22 million compared to TWD 95.06 million a year ago. Basic earnings per share from continuing operations was TWD 1.18 compared to TWD 1.29 a year ago. Diluted earnings per share from continuing operations was TWD 1.16 compared to TWD 1.25 a year ago.
For the nine months, sales was TWD 1,468.03 million compared to TWD 2,117.91 million a year ago. Net income was TWD 157.68 million compared to TWD 569.31 million a year ago. Basic earnings per share from continuing operations was TWD 2.11 compared to TWD 7.72 a year ago. Diluted earnings per share from continuing operations was TWD 2.09 compared to TWD 7.37 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. 
