Universal Microwave Technology, Inc. Reports Earnings Results for the Full Year Ended December 31, 2019
March 24, 2020 at 02:56 pm EDT
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Universal Microwave Technology, Inc. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced total revenue was TWD 1,754.065 million compared to TWD 1,756.664 million a year ago. Operating income was TWD 278.986 million compared to TWD 268.807 million a year ago. Net income was TWD 250.111 million compared to TWD 220.752 million a year ago. Basic earnings per share was TWD 4.15 compared to TWD 3.76 a year ago. Diluted earnings per share was TWD 4.06 compared to TWD 3.67 a year ago.
Universal Microwave Technology Inc is a Taiwan-based company principally engaged in the design, research, development, manufacture and sale of microwave communication components and subsystems, antennas and radio frequency (RF) components. The microwave components include duplexers, couplers, circulator components and other passive components or integrate multiple components into a sub-system. The components are used in point-to-point or point-to-multipoint communication equipment, mobile communication base stations, broadband wireless transmission and satellite communication systems. The antennas are used in broadcasting, television, mobile phone communication, wireless Internet access, positioning, navigation and tracking. The RF components are used in communication base stations and connect within and between communication equipment. The Company operates within the domestic market and to overseas markets, including China mainland, Asia, Europe and America.