Universal Microwave Technology, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023
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Universal Microwave Technology, 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 374.37 million compared to TWD 472.77 million a year ago. Revenue was TWD 376.55 million compared to TWD 476.9 million a year ago. Net income was TWD 57.05 million compared to TWD 91.19 million a year ago. Basic earnings per share from continuing operations was TWD 0.92 compared to TWD 1.47 a year ago. Diluted earnings per share from continuing operations was TWD 0.89 compared to TWD 1.43 a year ago.
For the six months, sales was TWD 796.16 million compared to TWD 913.47 million a year ago. Revenue was TWD 801.64 million compared to TWD 918.89 million a year ago. Net income was TWD 112.43 million compared to TWD 135.61 million a year ago. Basic earnings per share from continuing operations was TWD 1.81 compared to TWD 2.18 a year ago. Diluted earnings per share from continuing operations was TWD 1.76 compared to TWD 2.12 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.
UNIVERSAL MICROWAVE TECHNOLOGY, INC. 
