V-Tac Technology Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 11, 2021 at 06:02 am EDT
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V-TAC Technology Co.,Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 551.668 million compared to TWD 495.330 million a year ago. Operating income was TWD 40.603 million compared to TWD 21.584 million a year ago. Net income was TWD 43.492 million compared to TWD 16.484 million a year ago. Basic earnings per share from continuing operations was TWD 1.22 compared to TWD 0.46 a year ago. For the half year, sales was TWD 922.721 million compared to TWD 758.224 million a year ago. Operating income was TWD 56.215 million compared to TWD 9.376 million a year ago. Net income was TWD 63.364 million compared to TWD 12.265 million a year ago. Basic earnings per share from continuing operations was TWD 1.78 compared to TWD 0.34 a year ago. Diluted earnings per share from continuing operations was TWD 1.77 compared to TWD 0.34 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.