Nyquest Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 03, 2022
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Nyquest Technology Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 516.9 million compared to TWD 598.53 million a year ago. Net income was TWD 101.64 million compared to TWD 140.15 million a year ago. Basic earnings per share from continuing operations was TWD 3.23 compared to TWD 4.44 a year ago. Diluted earnings per share from continuing operations was TWD 3.2 compared to TWD 4.42 a year ago.
For the six months, sales was TWD 1,075.69 million compared to TWD 989.92 million a year ago. Net income was TWD 264.32 million compared to TWD 199.52 million a year ago. Basic earnings per share from continuing operations was TWD 8.38 compared to TWD 6.32 a year ago. Diluted earnings per share from continuing operations was TWD 8.22 compared to TWD 6.26 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.