Universal Microelectronics Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 12, 2023
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Universal Microelectronics Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 1,179.8 million compared to TWD 1,314.63 million a year ago. Net income was TWD 92.69 million compared to TWD 102.52 million a year ago. Basic earnings per share from continuing operations was TWD 0.73 compared to TWD 0.81 a year ago. Diluted earnings per share from continuing operations was TWD 0.73 compared to TWD 0.81 a year ago.
For the nine months, sales was TWD 3,596.8 million compared to TWD 3,442.12 million a year ago. Net income was TWD 147.79 million compared to TWD 174.25 million a year ago. Basic earnings per share from continuing operations was TWD 1.17 compared to TWD 1.37 a year ago. Diluted earnings per share from continuing operations was TWD 1.16 compared to TWD 1.37 a year ago.
UNIVERSAL MICROELECTRONICS CO LTD is a Taiwan-based company engaged in the manufacture and sale of electrical components with its subsidiaries. The Company's products include electromagnetic components, power supplies, information communication products, optical communication products, photoelectric products, such as converters, adapters, transformers and inductors for power supply and communication and others. The Company distributes its products mainly in Taiwan market and to overseas markets, including Mainland China, the United States and Japan.