Vate Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 04, 2021
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Vate Technology Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 95.97 million compared to TWD 107.07 million a year ago. Net income was TWD 16.1 million compared to TWD 13 million a year ago. Basic earnings per share from continuing operations was TWD 0.2 compared to TWD 0.17 a year ago. Diluted earnings per share from continuing operations was TWD 0.2 compared to TWD 0.17 a year ago.
For the nine months, sales was TWD 293.58 million compared to TWD 250.95 million a year ago. Net income was TWD 51.3 million compared to TWD 26.89 million a year ago. Basic earnings per share from continuing operations was TWD 0.64 compared to TWD 0.34 a year ago. Diluted earnings per share from continuing operations was TWD 0.64 compared to TWD 0.34 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.