WT Microelectronics Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 02, 2023 at 02:47 am EDT
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WT Microelectronics Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 167,259.8 million compared to TWD 155,668.8 million a year ago. Net income was TWD 1,280.09 million compared to TWD 2,058.08 million a year ago. Basic earnings per share from continuing operations was TWD 1.45 compared to TWD 2.34 a year ago. Diluted earnings per share from continuing operations was TWD 1.43 compared to TWD 2.33 a year ago.
For the nine months, sales was TWD 404,822.81 million compared to TWD 413,732.58 million a year ago. Net income was TWD 2,968.49 million compared to TWD 6,482.72 million a year ago. Basic earnings per share from continuing operations was TWD 3.06 compared to TWD 7.33 a year ago. Diluted earnings per share from continuing operations was TWD 3.02 compared to TWD 7.28 a year ago.
WT MICROELECTRONICS Co., Ltd. is a Taiwan-based company principally engaged in the research and development, manufacture and distribution of semiconductor products. The Companyâ products include integrated circuits (ICs), ICs for specific applications, analog ICs (including linear ICs), discrete components, chipsets, logic ICs, mixed signal ICs, memory ICs, programmable ICs, micro processing units (MPUs) and others. The Company distributes products under the brands named Abilis, Ambarella, Aptina, Avago, Chime, EXAR, Fairchild, Fangtek, Freescale, IR, Linear, LG, LSI, Magnachip, Marvell, Maxim, Micron, ON, PMC_SIERRA, Realtek, Renesas, Ritdisplay, Silion lab, ST Microelectronics, TI and others. The Company operates its businesses primarily in the Asia-Pacific region, the Americas, Europe, Japan and others.