Ultrachip Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019
July 25, 2019 at 10:49 pm
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UltraChip Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 274.826 million compared to TWD 340.724 million a year ago. Operating income was TWD 20.134 million compared to TWD 45.854 million a year ago. Net income was TWD 15.655 million compared to TWD 50.291 million a year ago. Basic earnings per share was TWD 0.25 compared to TWD 0.79 a year ago. For the half year, sales was TWD 600.882 million compared to TWD 609.232 million a year ago. Sales was TWD 0 compared to negative sales of TWD 832,000 a year ago. Operating income was TWD 50.940 million compared to TWD 65.891 million a year ago. Net income was TWD 43.945 million compared to TWD 64.143 million a year ago. Basic earnings per share was TWD 0.7 compared to TWD 1.01 a year ago. Diluted earnings per share was TWD 0.69 compared to TWD 1.01 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.