V-TAC Technology Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022
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V-TAC Technology Co.,Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 436.16 million compared to TWD 551.67 million a year ago. Net income was TWD 30.11 million compared to TWD 43.49 million a year ago. Basic earnings per share from continuing operations was TWD 0.84 compared to TWD 1.22 a year ago. Diluted earnings per share from continuing operations was TWD 0.84 compared to TWD 1.22 a year ago.
For the six months, sales was TWD 838.33 million compared to TWD 922.72 million a year ago. Net income was TWD 65.11 million compared to TWD 63.36 million a year ago. Basic earnings per share from continuing operations was TWD 1.83 compared to TWD 1.78 a year ago. Diluted earnings per share from continuing operations was TWD 1.81 compared to TWD 1.77 a year ago.
V-TAC TECHNOLOGY CO.,LTD. is a Taiwan-based company principally engaged in the design, manufacture and sales of integrated circuit (IC) firmware applications. The Company's main products include image and video IC application products, microprocessor IC application products, voice control IC application products and memory IC application products. The Company's products are mainly used in consumer electronics. The Company distributes its products in domestic market to overseas markets.