Nyquest Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 04, 2022
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Nyquest Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 558.79 million compared to TWD 391.39 million a year ago. Net income was TWD 162.68 million compared to TWD 59.37 million a year ago. Basic earnings per share from continuing operations was TWD 5.15 compared to TWD 1.88 a year ago. Diluted earnings per share from continuing operations was TWD 5.08 compared to TWD 1.86 a year ago.
Nyquest Technology Co., Ltd. is a Taiwan-based company principally engaged in the research, development, design and sales of integrated circuits (ICs). The Company's main products include voice control ICs, microcontroller ICs and others. The Company's products are mainly used in consumer electronics, such as toys, learning machines, gifts, medical equipment, electric vehicles and home appliances. The Company distributes its products in domestic market and to overseas markets, such as the rest areas of Asia.