Rafael Microelectronics, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
March 30, 2021 at 03:46 pm
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Rafael Microelectronics, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 1,062.851 million compared to TWD 1,128.319 million a year ago. Operating income was TWD 215.196 million compared to TWD 263.442 million a year ago. Net income was TWD 181.976 million compared to TWD 218.686 million a year ago. Basic earnings per share was TWD 7.43 compared to TWD 8.85 a year ago. Diluted earnings per share was TWD 7.28 compared to TWD 8.7 a year ago.
Rafael Microelectronics, Inc. is a Taiwan-based company mainly engaged in design, manufacture and sales of radio frequency integrated circuits (RFICs) and integrated RF systems. The Company's main products are RFICs, including RF tuners, LNB outdoor units and satellite-related ICs. Its products are widely used in set-top boxes for TV, digital cable, terrestrial broadcasting andsatellite, as well as satellite front-end receiving systems and wireless RF transmission systems. The Company distributes its products within domestic markets and to overseas markets.