Sinopower Semiconductor, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 10, 2020 at 08:42 pm
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Sinopower Semiconductor, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 595.521 million compared to TWD 483.827 million a year ago. Operating income was TWD 48.911 million compared to TWD 49.136 million a year ago. Net income was TWD 48.278 million compared to TWD 49.605 million a year ago. Basic earnings per share was TWD 1.45 compared to TWD 1.51 a year ago. For the half year, sales was TWD 1,146.204 million compared to TWD 1,091.661 million a year ago. Operating income was TWD 86.947 million compared to TWD 134.055 million a year ago. Net income was TWD 89.853 million compared to TWD 131.025 million a year ago. Basic earnings per share was TWD 2.71 compared to TWD 4 a year ago. Diluted earnings per share was TWD 2.67 compared to TWD 3.96 a year ago.
Sinopower Semiconductor Inc is a Taiwan-based company mainly engaged in the design, development, production and sales of power semiconductor products. Products include power semiconductor components and modules, high-voltage integrated circuits and modules. Power semiconductor products include low-voltage power semiconductor products, medium-voltage power semiconductor products, high-voltage power semiconductor products, power semiconductor products with embedded gate-source protection diodes, integrated power semiconductor products with embedded drain-source Schottky diodes, trench insulated gate bipolar power transistors (insulated gate bipolar transistors (IGBTs) and extended products), power integrated circuit products (products and extended products that integrate semiconductor components and driver integrated circuits). The products are mainly sold domestically and exported to Asia.