Algoltek, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
March 29, 2021 at 09:06 pm
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Algoltek, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 343.824 million compared to TWD 251.778 million a year ago. Operating income was TWD 48.853 million compared to TWD 587,000 a year ago. Net income was TWD 40.924 million compared to TWD 1.250 million a year ago. Basic earnings per share was TWD 2 compared to TWD 0.06 a year ago. Diluted earnings per share was TWD 1.95 compared to TWD 0.06 a year ago.
ALGOLTEK, INC. is a Taiwan-based company mainly engaged in development and sale of multimedia video conversion control chips and other control chips. The Company's main products are multi-media digital video conversion products based on special application integrated circuit chips, including video graphics array (VGA), high-definition multimedia interface (HDMI), DisplayPort, and Type-C. The products mainly apply for personal computers (PC), notebook computers (NB), displays and related peripheral products, consumer electronics, and multimedia transmission systems. Its main products are divided into two categories. Integrated circuit (IC) chips provide product manufacturer-specific functions. Intellectual property (IP) is designed and verified for integrated circuits that can be reused and have specific functions.
ALGOLTEK, INC. 
