Vate Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 09, 2021 at 02:27 pm EDT
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Vate Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 101.104 million compared to TWD 65.827 million a year ago. Operating income was TWD 19.801 million compared to TWD 70,000 a year ago. Net income was TWD 21.259 million compared to TWD 3.011 million a year ago. Basic earnings per share was TWD 0.27 compared to TWD 0.04 a year ago.
VATE TECHNOLOGY CO., LTD. is a Taiwan-based company primarily engaged in central processing unit (CPU) testing business. The Company mainly provides logic testing services, including the testing of logic ICs, such as high-pin-count chipset ICs and communication ICs; power IC testing services, and CPU testing services, including the testing services of CPUs and peripheral products. The Company distributes its products in domestic market and to overseas markets.