Ultra Chip, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
October 24, 2019 at 11:53 pm
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Ultra Chip Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 292.894 million compared to TWD 378.913 million a year ago. Operating income was TWD 28.841 million compared to TWD 78.298 million a year ago. Net income was TWD 22.847 million compared to TWD 80.022 million a year ago. Basic earnings per share was TWD 0.36 compared to TWD 1.26 a year ago. For the nine months, sales was TWD 893.776 million compared to TWD 985.605 million a year ago. Operating income was TWD 79.781 million compared to TWD 144.189 million a year ago. Net income was TWD 66.792 million compared to TWD 144.165 million a year ago. Basic earnings per share was TWD 1.06 compared to TWD 2.28 a year ago. Diluted earnings per share was TWD 1.05 compared to TWD 2.25 a year ago.
Ultra Chip, Inc. is a Taiwan-based company primarily engaged in the research, development, design, manufacture and distribution of driver integrated circuit (ICs). The Companyâs main products portfolio consists of liquid crystal display (LCD) driver ICs, which are applied in the automobile navigation, driving recorders and others; touch panel controller ICs, which are mainly used in smart phones, tablet personal computers (PCs), handheld game consoles and others; electrophoretic display (EPD) ICs, as well as motor controller ICs. The Company distributes its products within domestic market and to overseas markets.
ULTRA CHIP, INC. 